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Re: loniee post# 2673

Monday, 10/12/2009 8:35:49 AM

Monday, October 12, 2009 8:35:49 AM

Post# of 2881
Silver bars are as hot as gold bars!

2009-10-12

ARIZONA (Commodity Online): While many businesses are struggling to grind through the economic downswing, precious metal dealers like Scottsdale Silver are thriving as a result of investors’ growing distrust in the stock market and the US dollar.

With financial upheaval in the banking system, political policy shifts and the poor economy there is an influx of buyers — both seasoned investors and first-timers are turning to silver as a safe haven.

Demand has increased sharply over the past year to the point Scottsdale Silver has able to significantly expand its product line.

Scottsdale Silver’s manufacturing standards qualify its products for IRA Trusts, and that means security. Secondly, they’re minted in the United States.

There’s no doubt that gold and silver are now being discussed in the media, but just recently more and more people are taking the step of buying the actual hard metal.

When people hold it in their hand they feel as if they’ve just become their own central bank.

In response to the demand for silver bullion, the Arizona-based company recently unveiled two custom products — the 1 and 10 Troy ounce precision-machined “Scottsdale Lion” silver bars. Both bars are highly detailed and feature the company's lion hallmark.

As the value of the dollar continues to slide, precious metals like gold and silver are fast becoming trending topics on TV — both in the programming and in commercials for companies promising top dollar for unwanted gold and silver jewelry.

But while other companies seek to pull the metal out of households, Scottsdale Silver’s aim is to put tangible assets into the coffers of families across the nation.

Scottsdale Silver is also a leader in environmental responsibility, as more than half of their products are sourced from the recycling industry. Reclaiming silver from the electronics and photography industries and refining it is a common way to mint bullion for the retail market.

While other stores may require a broker or a phone call, buying from Scottsdale is simple as they accept credit cards and paypal on their Web site. While their focus is silver bars, gold bars will also be available for purchase online later this month.
(Courtesy: PRWeb)

http://www.commodityonline.com/news/Silver-bars-are-as-hot-as-gold-bars!-21851-3-1.html

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