Friday, January 19, 2007

Silver Bonanza

James U. Blanchard III, Silver Bonanza, Revised Edition, New York: Simon & Schuster, 1995, pp288.

The price of silver had crashed from its peak of US$50 per ounce more than 25 years ago. Is there a chance that the price might rise to that high level once again?

The purchase receipt dated 16/06/95 from Times The Bookshop, formerly situated in Colombo Court shopping complex, is still tucked inside this book. Well, from 1995 until now, the price of silver is still way below its peak level. For your information, the price is currently at around US$12.50 per ounce.

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