I'll try and keep it brief and not babble on too much, although there is a bit to talk about. The truth of the matter is if you're reading this you already probably know the benefits of actually owning precious metals. But if you have no idea what I'm talking about, I'll try and explain why now is an excellent opportunity to be buying silver.
First up silver is Real Money and although it may not be part of our currency anymore it is still money. Silver along with gold has been used as a form of money for thousands of years. Silver is the ultimate form of money because it can’t be created out of thin air. When I say real money, I mean physical silver—not ETFs, certificates or futures contracts. Physical silver is a store of value.
Physical Silver is a Hard Asset and can be held in your hand. In a world of paper currency and excess currency creation, silver is one of few assets that you can carry in your pocket anywhere you go. This means that silver can be as private and confidential as you want.
At the moment Silver is incredibly cheap. What if I said you could buy a hard asset at 1/80th the price of gold—and it would protect you just as well against a crisis situation?
At today's prices the ratio is 81:1(approx). Which mean you can buy 81oz of silver for the price of 1oz of gold.
At today's prices silver is much more affordable for the average investor but because it is still a precious metal it will help maintain your standard of living into the future. If you can’t afford to buy an ounce of gold, silver can still be your ticket to buying previous metals.
The ratio of 80:1 is not the norm.... This ratio flatters gold. Buying silver NOW may return greater profits when the ratio normalises.
When it comes to selling/trading and buying using precious metals having silver is more practical. Silver isn’t just cheaper to buy, but can be more practical when you need to sell. One day you might need to "cash in" some precious metals to pay an unexpected bill, selling a full ounce of gold to meet a small financial need is very impractical. Since silver is cheaper than gold, you can sell only what you want or need at the time. As the price of silver has slowly increased over time, every investor should have some silver around for this very reason.
Silver is recognised worldwide as a storage of wealth, so keeping this in mind, silver coins and bars bullion can be sold virtually anywhere in the world with very little difficulty.
Silver has historically outperformed Gold In Bull Market. The "suppressed" low price of silver is a very small market. So small that it only takes a little amount of money moving into or out of the industry to make an impact on the price. This greater volatility means that in bear markets, silver falls more than gold, as a %. But in bull markets, silver will soar much further and faster than gold and as we are already at the bottom end of the market, buying silver NOW is the smart move.
OK, that was a load of babble.... The truth is, never has there been a better time to buy silver. Its incredibly undervalued, stockpiles are depleting, uses of silver are increasing which all point to silver becoming very scarce soon and prices rising quickly and to all new all time highs.
So why buy silver??? Why wouldn't you!!
