So what is a better investment gold or silver? Many people might say gold but to tell you the truth silver can rise ten times higher as compared to gold. Many analysts are of the opinion that silver prices can rise as high as $400/oz in the next few months.

Now, in the decade between 1970 and 1980, gold and silver both had seen an unprecedented bull market. Gold prices rose from $35 per ounce to $850 per ounce during that period of ten years. This was an increase of 2,329%. Not bad huh! Many investors who had invested in gold in those days, still remember those days with nostalgia.

Just imagine, silver prices skyrocketing to around $400 per ounce in the next few months. This will be an unprecedented gain of over 2,000%. So don’t miss this chance of investing in silver right now! During the same decade between 1970 and 1980, silver prices rose from $1.5 per ounce to almost $50 per ounce. This was an increase of 3,233%.Right now, silver prices are hovering in the range of $17 per ounce.

Now, industrial applications of silver are much wider as compared to gold. As the global economy comes out of the recession finally in this year and starts to expand again, you will see a huge rise in the demand of silver.

The most important application of silver is as an electricity conductor. Silver wires are used as high tension cables. You will be surprised to know that silver is also used in a number of household appliances like refrigerators, washing machines, wall switches, fuses and so on.

Photography and silver have had a long relationship spanning many decades. Silver is used in developing the photo prints and photorolls. Silver is used extensively in photography. This use might decrease as digital photography replaces traditional photography. But this will be replaced by new uses of silver in other industries.

Your computer monitor uses silver. Your cell phone uses silver. Satellites, High Tech Robots, Lasers and other high tech gadgets use silver.

Double Layer of silver on a glass in a window shields the house from almost 95% of sun rays during summers. Silver is used widely in the glass and window making industry.

Silver achieves the most brilliant polish of any metal and is the best reflector of light, allowing it to be used in mirrors and in coatings for glass, cellophane or metals. Chemical reactions can be significantly increased by adding silver. Approximately 700 tons of silver are in continuous use in the world’s chemical industry for the production of plastics.

Batteries use silver. Silver is used in soldering, pharmaceuticals, catheters and many other areas. So, you can well imagine as the global economy starts to expand again and the demand for these products and services increase, you will see a skyrocketing of silver prices.

Mr. Ahmad Hassam has done Masters from Harvard University. Read this shocking 40 page Gold And Silver Investing FREE Report. Discover Forex Brilliance and download the powerful Mutil-Timeframe Trend Dash Board FREE just now!