Comments on: Looking for a Silver Lining

By: angkasuwan

angkasuwan — Sat, 11 Jul 2009 03:03:11 +0000

silver is beautiful

By: flashplayer

flashplayer — Sun, 05 Jul 2009 05:39:34 +0000

Perfect!

By: cassy

cassy — Fri, 03 Jul 2009 23:15:39 +0000

If you buy gold and or silver.. when it goes up
where is the best place to sell it?

Thanks,
Cassy

3 likes

By: Andrés Djordjalian

Andrés Djordjalian — Thu, 02 Jul 2009 16:27:11 +0000

One sign of the importance of silver in history is the name of my home country, Argentina, which is derived from the Latin “argentum” (silver). Bear in mind that we are talking about the 8th largest country in the world…

The first European expedition that came to this land had the mission to find an easier route to the silver mines at Potosí, now Bolivia. The settlements they started on their way to Potosí include the first foundation of the city of Buenos Aires, in 1536. This now capital city is located on the shore of the Río de la Plata (silver river).

Unfortunately for them, the road from Río de la Plata to Potosí was too hazardous, so this mission, and the one that followed, didn’t succeed. Nevertheless, the Spaniards were able to deplete those mines. In the process, the local population didn’t enjoy anything close to a fair share of the riches sent to Europe. Instead, thousands of miners died from lead poisoning. This is probably one of the reasons for having, nowadays in Bolivia, a government that is so suspicious of foreign investment.

Besides being the reason for this country’s name, and its river too, Potosí’s fame reflects in the fact that some mining towns in the U.S. bear the same name.

Andy
http://www.simplestockinvesting.com/

1 like

By: Tyrone

Tyrone — Thu, 25 Jun 2009 00:10:03 +0000

The story of when the Hunt brothers cornered the silver market in the 80’s is a really interesting tale.

2 likes

By: popurls.com // popular today

popurls.com // popular today — Wed, 24 Jun 2009 23:00:10 +0000

popurls.com // popular today…

story has entered the popular today section on popurls.com…

By: Zach

Zach — Wed, 24 Jun 2009 22:58:40 +0000

Thanks for the great informative article. As a longtime member of mint I really appreciate information like this. And, I happen to be exploring different investment options including investing in commodities directly (purchasing precious metals such as gold and silver) as well as the companies that mine them including the one you’ve outlined.

By: Johnny Mack

Johnny Mack — Wed, 24 Jun 2009 22:46:02 +0000

I bought heavy jewelry (12 to 14 ounces total) back when gold was under $400 an ounce (10+ years ago), now its wroth double that. Ya just cant go worng with metal!

Russ
http://www.anon-tools.tk