Although considered inferior to gold, silver is fast catching tremendous attraction from investors in recent times. It is a viable option for most investors than gold, where the investment capital required is much higher. Investors, small and big are heavily investing in this metal according to their capabilities and risk profile. The prices on silver in the current scenario seem promising and show huge potential for future gains and profits.
Silver is as good a bet as gold to act as a hedge against inflation and economic turmoil. In fact it is wiser to invest in silver as opposed to gold as silver is widely used in industrial applications. This is in contrast to gold, which is used for decorative purposes. Therefore, if later on, investor interest in silver weans, there remains a value for silver. The physical attributes of silver add to the lure of silver as an investment. It does not rust, is easy to transport, cant be damaged like stamp collections and even remains unscathed by fire!
It is a beautiful metal and is widely used in jewellery. However, it seems a more stable investment than gold when you consider that it is also a practical metal used for a variety of commercial purposes. This ensures that silver prices will never fall below its intrinsic value.
An important point to note is that the silver price is not solely based on speculation, as is the case of gold. Moreover, it has possible to invest in silver for anyone who has an income. Investors can start with buying small amounts of silver over a period after which it becomes a large egg nest. Liquidity is the most concerning factor for some investors. They are worried if they might need the money in an emergency. For such a scenario, silver investments are always a good option as silver can readily by liquidated. Cash can be converted to silver easily while silver can readily be turned to cash. The price per ounce of silver is very low as compared to gold and the demand for silver has shown a steady growth in recent years, promising a bright path ahead for people who have invested in silver. Statistics also state that over the years, people invested in silver have made bigger gains in comparison to people invested in gold.
Currently, when the economy is in turmoil and prices are fluctuating beyond imagination, silver seems the best haven to guard against future economic volatility.
The columnist is an experienced journalist in silver market, mining & stocks, who frequently writes articles related to silver prices, silver spot price including tips on investment in silver. Please visit silverprices.com for more details.
from ezine articlesSource: http://goldsilveretf.net/is-silver-a-good-investment-option/
larry fitzgerald country strong soundtrack country strong soundtrack wedding crashers damian mcginty hp touchpad review libya
No comments:
Post a Comment