Every serious investor knows that gold has more than tripled over the past decade, but people do not seem to be talking very much about silver. Gold is over $1,000 dollars an ounce right now and is still going up thanks to the economic downturn. This has also been somewhat true for silver but nowhere near the same degree.
Gold coins are definitely a good investment right now but there are some very good reasons for investing in silver over gold. The main reason is that silver has a very high probability of going up in the near future. Sure people are all about gold right now but at $1,000 dollars an ounce you better have some serious capital at your disposal. There is definitely still room for huge profits with gold but only if you have access to large amounts of money.
Silver is a smarter choice because it costs less to buy, and it is certainly going to be the next metal to soar in value. Gold has been the primary measure of value for many many years, just as silver has been the secondary measure. There is an imbalance in the price gap between gold & silver, and a smart investor would be wise to capitalize on this while it is still so large.
Silver is still less than $20 dollars per ounce and has a very high probability of rising. Silver coins should definitely be bought by any investor, if only to diversify their portfolio. If you can afford to purchase gold as well that is great! The more investment in precious metals the better, especially in today’s economy. This is not only a great way to make a profit but is also a great way to protect your savings from inflation.
Silver is definitely under-valued at the moment, but why is this? Mainly because the demand is so low due to lack of media coverage on silver. Sure, silver is still mentioned but is receiving nowhere near the attention gold is. This is an excellent back door opportunity to rake in some serious profits.
It is not inconceivable that silver could more than double over the next few years. It would be wise to capitalize anytime you can invest in something that has a high chance of giving you a 100% return or better. So why buy silver coins vs. silver stock?
There is certainly nothing wrong with stocks, but it will never give you the same security as actually having it in your possession. There is also a possibility that the coins you invest in may become a collectors item in the future.
A silver coin that has value to a collector is worth much more than it’s weight in silver, and this is why you should invest in at least a small amount of coin. So what if your particular coins never experience that kind of demand? You will still have the value of the silver by weight.
It turns out to be a win-win situation anyway you go about it. Of course it is not guaranteed that silver will give you huge returns, but it is quite possibly one of the safest investments that can be made right now. Gold is still rising, but considering how much it has risen so far, how long can it really last? Sure it may double or triple again over the next decade but you can feel a little more secure when dealing with silver.
Silver is arguably the number 1 low risk/high potential investment that can be made at the moment. Is this an opportunity you really want to miss out on?
Want to keep learning? Then read more about How to Invest in a Gold ETF, how to buy gold, how to invest in gold, etc.