Your Questions About How To Invest In Silver

Thomas asks…

What is Investing in Metals?

I came across many people and sentient beings telling me to invest in metals like silver, diamond, and gold. I have some money to invest and I am not sure how I should pursue this. This will be my first time investing into something other a savings account. Should I invest in an IRA before I invest something like this first?

John answers:

Yea, I would invest in an IRA or mutual funds before investing in metals. Gold and other metals have been on the rise over the past 10 years and not only are they pretty expensive but they could potentially reach a peak and begin to decline in value.

Nancy asks…

Is it a good idea to invest on silver coins or bullion?

I bought a canadian silver maple leaf coin at a coin shop. The owner sold it to me for 40$ instead of 45$. Do you think it’s a good idea for me to invest on silver coins and bullion even after the price of silver has dropped?

John answers:

Sounds like you got taken by the coin shop, silver spot is only at $31 per ounce, at my local coin shop you can buy canadian maple leaf coins for about $2.75 over spot. That means I could by the same coin for 33.75. You can also get them on ebay for like 33.50. I only invest in bullion because I really don’t care about the coin just the silver. The answer is yes because everyone needs a diversified portfolio of investments including precious metals.

Robert asks…

What do you think about investing in silver?

What do you think about investing in silver? Is it a good investment?

John answers:

I HIGHLY recommend investing in silver. I invest in silver myself for various reasons.

1) It is currently selling for a very cheap price relative to gold. (Research online the gold/silver ratio)
2) It has many industrial uses (check out www.silverinstitute.org)
3) It is a great way to protect your wealth in times of uncertainty, especially from the ever-inflating fiat currencies like the U.S. Dollar
4) China is asking their citizens to divest themselves from the U.S. Dollar and instead buy gold and silver.
5) There is barely enough silver today being mined to keep up with world demand. (Again, check out www.silverinstitute.org)
6) Silver will increase in value whether the economy goes up or down. It will increase in value if the economy goes down because people will want to own a secure asset, and silver is such. It will also increase if the economy goes up because industrial demand will drive silver prices up.
7) My most favorite reason, the U.S. Government (or any other government for that matter) can’t “print” gold and silver out of thin air 🙂

There are many reputable silver dealers online. The most reputable company is APMEX.com. I purchased a lot of gold and silver bullion from them and was very satisfied with all of my orders. There are also a ton of videos on YouTube that talk about the benefits of owning silver. Search for silver on YouTube and you’ll be amazed at all the information that’s out there.

*****

EDIT: Sorry, I just read what Warren534 wrote and decided to expand on my answer. If you want to invest in silver, do yourself a favor and invest in REAL physical silver, NOT “paper” silver like silver futures or ETFs. That’s all a scam. I’ve been following the silver market for years and can attest to the fact that there have been many times where the “paper” price of silver (the spot price) is completely irrelevant to what the real price of physical silver is selling for. For example, last year there was a time that “silver shorts” (like Warren534 below) drove the paper/spot price of silver to about $8-$9 an ounce. However, you were lucky if you could actually buy physical silver for less than $12/ounce. Physical dealers were sucked dry of their supplies and were forced to raise prices. There is BLATANT manipulation going on in the “paper silver” market, and many videos on YouTube cover this. Invest in REAL, PHYSICAL silver. Avoid fake/paper silver AT ALL COSTS!

David asks…

what is the best form of SIlver to buy for the purpose of investment?

I it safe to invest in Silver?

John answers:

Forget the physical metal. Buy the silver ETF, SLV. This is hassle-free.

Joseph asks…

Investing In Silver – What Are The Advantages Of Investing In Silver Today?

A few of my friends have invested in both silver and gold and seem to be doing quite well despite the stock market downturn. Is this the way to structure your investments for the future?

John answers:

Yes — that’s one of the ways to create wealth or at least preserve it in volatile times. Investing in silver and other precious metals (notably gold) is a way to beat inflation and ‘hedge’ your finances against political & economic uncertainty. Between 1971-1981, when the US Dollar lost more than half of its value, silver prices rose nearly 5 times.

Silver is the least expensive of all precious metals, so investing in it is a way to diversify your portfolio. See it as a way to preserve your wealth and a smart option for financial security. You can invest in silver as bullion bars, coins, mutual funds and certificates, among others. Each has its advantages and disadvantages.

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