Does the Monex “$10 Silver Report,” released last August, contain insightful information?
*Financial Times, by Kevin Morrison, February 2, 2006
Metals shine as gold and platinum hit new highs
“Metal prices reached new long term highs on Thursday with gold reaching a 25 year high, copper and aluminium also set new records as investor buying aided the gains.
Gold reached $575.75 a troy ounce, its highest level since January 1981, platinum touched a record $1,080 a troy ounce, exceeding the previous peak reached in January 1980. Silver again edged closer to the $10 an ounce level when it reached $9.92, before slipping 10 cents in late morning trade.
Silver last traded above $10 in March 1984.”
*This information is solely a highlight of the opinion of a third-party publication and is incomplete. Please subscribe to this publication for the full and timely opinion of the author and call a Monex Account Representative for any additional up-to-date information. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.