Gold or silver as an investment has upsides and downsides. Read this before you buy precious metal coins or bullion. Gold prices—the price per ounce of bullion or coin, such as Kruggerand or American Eagle gold coins—have shot up in the past several years. Silver prices have followed suit (see the current price of silver, for example). Silver prices are up 4.5% in 2019, and the white metal is playing a game of catch-up as it follows strength in gold, says Frank Holmes, CEO and chief investment officer of U.S. Global Investors. If you are buying silver for short-term, do remember that silver is not a liquid asset which can be sold and en-cashed easily. Even though on paper price of silver increases, it’s very tough to sell at that price, combined with fees and commissions you might end up losing money on silver investment. The Silver Market is setting up for one heck of a move higher as investors are waiting for the signal to start buying. While the silver price has shot up due recently, it still isn’t clear if this is the beginning of a longer-term uptrend.
There are no tricks to buying silver ,firstly you must establish a good customer relationship with a reputable or wholesaler. Secondly he should be happy to
The Silver Market is setting up for one heck of a move higher as investors are waiting for the signal to start buying. While the silver price has shot up due recently, it still isn’t clear if this is the beginning of a longer-term uptrend. The reason for the quick spike in silver was likely due to a small short-covering rally by the Large Speculators trading on the Comex. Silver is sometimes called “poor man’s gold,” but investing in silver isn’t just a cheap gold proxy. Silver is about 1.5 times more volatile than gold, Holmes says, because of its lower price and its dual use as both an investment vehicle and as an industrial metal. Coin and bars are the traditional way to buy silver. Buying actual silver. The clearest way to invest in silver is to go out and actually buy the physical metal. Bullion silver is available in coin and bar form, and most coin dealers and precious metals dealers will offer silver bullion in various sizes and formats. If you’re only worried about the end of society then gold and silver may be a good bet. The reality of the situation is that every dollar you invest in gold and silver (bullion, coins, jewels, whatever), is a dollar you can’t invest in something else like land, food, water, school, etc. What happens if TEOTWAWKI doesn’t come for 32 years?
If you’ve decided to invest in precious metals, buying silver may actually be a smarter choice than gold for practicality. If so, you can head to a local jewelry or pawn shop and get some or a website like CBMint.com or Buysilvercoins.com. If you’d like to go entirely the other direction,
29 Oct 2019 I got enough great responses that I'm going to fill the entire month of July – one post per day – addressing these ideas. On Facebook, Silver Silver is a good investment from a risk perspective. For one, precious metals, including both silver and gold, typically are counter-cyclical. This means that they 4 Mar 2020 Although gold and silver are the most common metals to invest in, there has been an increased buying of platinum by investment funds Platinum, although not as popular as gold and silver, is still a great investment metal. There are no tricks to buying silver ,firstly you must establish a good customer relationship with a reputable or wholesaler. Secondly he should be happy to Many investors prefer to invest in silver because of this higher price volatility which presents greater short term opportunities to profit, albeit with higher risk. Also,