Mexico’s proposed higher mining royalties could block nearly $7bn in investments
The Mexican government proposed raising mining royalties under the argument that metal prices have risen in recent years.
Goldsilver.com has put up a compelling list of the top ten reasons that savvy investors should be moving into silver.
Aside from the usual suspects of the fraudulent nature of paper fiat money (no.1 on the list) and silver’s traditional prominence as a safe-haven investment (no. 3 on the list) other interesting and persuasive reasons for precious metal novices include silver’s broad industrial and medical applications, which far exceed those of gold; dwindling and uncertain future supply and rising demand from China and India.
