Silver Buying Can Lead To A Broader Range Of Wealth

• It is strong
• It is pliable
• It is reflective of light
• It offers matchless thermal conductivity
• It is supreme in electrical uses
• It can endure extreme temperatures

Qualities of Silver

• It has antibacterial characteristics
• It is useful in health industry fields
• It is utilized in preventing infections in burn victims

Industrial Use Has Depleted Stockpiles

Statistics tell us that more than 95 percent of all silver that has been mined throughout the ages is gone, used up by industrial needs. It is practically gone forever.This growing realization (along with the recent economic crisis) has fueled a surge in individual investment demand.

Many leading investment experts predict that silver is one of the most important commodities in the world and silver buying is one of the greatest investment opportunities for the future.

Ninety Percent Silver Coins

Significant silver buying continues by those concerned about the risk of hyperinflation. Serious investors consider collecting 90 percent silver cointhat was minted before 1965 in denominations of dimes, quarters, and half-dollars. The combination of units that add to $1.00 in face value in their respective categories contain 0.715 ounce of silver. In addition to garnering the cheapest price for the largest amount of the precious metal, many feel it necessary for ease of use if the need for barter arises.

(If you’re interesting in learning about investment vs. collecting – when buying silver coins, click here).

Silver Rounds

This definition represents 99.9 percent pure silver in a one ounce allotment. They also carry designs on them, both front and back sides. At any given particular time in the silver market, silver rounds could prove your best investment choice.

Premiums on Silver

When buying silver, make your purchase when you can get it for as close to spot price as possible. The silver spot priceis the current, real-time market price of the precious metal. A premium is the amount charged over spot price.

Purchasing the ETF (Exchange Traded Funds)

If someone suggests you buy silver ETFs, remember that you are not actually buying the physical asset; you are only buying the promise of the asset. This is a very important difference.The fact is that purchasing silver to enhance your financial portfolio, keeping a portion of your assets liquid, and having the convenience and comfort of physically holding the asset yourself, offers many rewards for enjoyment of your wealth.