Silver shares at bargain prices

Silver Investing News reports silver has attracted investors despite the deepening of global economic crisis.

Both silver and gold have taken on a more attractive shine for investors since the new year as the global economic crisis deepens. The spike in prices has led UBS AG, the world’s largest manager of private wealth assets, to revise its 2009 precious metals forecast this week. The global financial services company has said gold and silver will average US$1,000/oz and US$14.75/oz respectively this year. UBS also stated that precious metals remain its preferred commodity investment.

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