What is Silver and Why You Should Invest

Check out The Silver Institute website for more uses and info.

Well, I didn’t pay attention in chemistry but…I’ve always known silver was shiny stuff! Silver is a metallic chemical element with the chemical symbol AG and atomic number 47. There is a reason Robert Kiyosaki has dubbed silver “The Best Opportunity I Have Ever Seen.”

The price of silver is VERY volatile, so investing in this metal is not for the faint of heart. However the price of gold is currently much more higher than silver. The price then shot up to $49, only to crash down to earth around $30, where it is today. There is a long list for the uses of silver but it is primarily used today for investment purposes and in factories.

Why Invest in Silver?. With gold at $5k, which many experts are predicting, that puts silver at $312.

2) Buy the stocks – Look up companies that mine the metal. This is based on a gold price of at least $2,500. Considering that the average long-term ratio of the price of gold to silver is 16 to 1, I think this is reasonable. Gold has primarily one use besides jewelery, and that is investment or hoarding. Do your due dilligence.

*There is no metal lsubstitute for silver, except gold. Silver is a whole ‘nother story. According to The Silver Institute, Silver has the highest electrical conductivity of any element and the highest thermal conductivity of any metal. It’s important to think long-term and not get caught up in the day-to-day fluctuations in price!

Silver could even be worth upwards of $1,000 an ounce one day! Then we could be looking at the next huge bubble. That is VERY important, because this means it is perfect for use in many industrial applications.

1) The coins or bullion – Buy online. If we are headed for inflation sometime in the future, which I believe we are, then we could be looking at a potential silver shortage.

Ways to Invest in Silver

You name it – Batteries, Solar Panels, Jewelry, silverware, coins, photography, medical applications, dentistry, etc. Both are monetary metals. Dealers such as APMex.com or Kitco.com are a pretty good bet.

3) Buy Jewelry – Buying gold and silver jewelry isn’t thought of as an investment by many, but it certainly is! If the price of gold and silver rises in the next few years, as I believe it will, so will your jewelry.

I wish you the best of luck in your investing.

Silver is a very interesting investment, just like gold. But unlike gold, which is primarily a monetary metal, silver is also an industrial metal with many, many uses! Add to the fact that silver investment demand is growing at as astonishing rate, and you have one absolutely compelling investment opportunity.

Credit: APMEX.com

Price Forecast

Long-term I believe Silver could be worth well over $250. Now that the monetary aspect of the metal has really come into play, with Quantitive Easening and inflation fears thrown in the equation…this presents a rare opportunity.

Here are just a couple:

Think I’M crazy? Robert Kiyosaki, author of the best-selling Rich Dad Poor Dad, recently predicted a $6,000 an ounce price!

4) Buy ETF, Mutual Funds, or Futures.

What is Silver?

Although gold is seen as the king of precious metals, it shouldn’t be. Only if the silver price surpasses the gold price, would people consider using gold for current silver uses.

The Uses of Silver

Because quite simply, demand is growing (especially coins) and supply is dwindling. As the price increases, the profit margins of these companies typically does as well. I have been a buyer since it was in the low-20’s

Leave a Reply