Silver has been shining as an investment opportunity as of late haveing risen as high as $31 from its $18 an ounce price a couple months ago. The historical ratio for an ounce of silver to and ounce of gold is 15-1, which is glaring different from now: the ratio is about 60-1. So, this make it potentially a huge investment and everyone is talking about it. With good reason: its risen 67.6 % this year. But, I wouldn't go investing just yet. I'm no expert; I'm just a journalist who reads a lot and finds economics fascinating.
But, there is one metal that is going under the radar: palladium. It's risen nearly 90 % this year and its only going further up, up and away. Why you ask? Simple. In those far off lands of India and China, who have booming middle classes, women don't want silver and they don't want no gold; they want palladium jewelry. And, it's alos cheaper to use then platinum in catalytic converters, and we're going to need a lot more of that car part thanks to the huge destruction of used cars in the cash for clunkers program last year. Thousands of cars were destroyed. New ones and new converters will be needed. Hey, this is just one man's view. Don't shoot the messenger.
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