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silver is a "hard" asset. It usually does well when the stock market is tanking and is a good hedge against inflation. Investing in stocks, all you get is a promise, with silver you can get a piece of metal, a coin or a bar that is physical and you can touch. In a situation where the money supply goes out of control or collapses, silver and gold could become one of the only ways to preserve value.
Silver is also a good investment for good times. It is influenced by supply and demand, do your research and you can buy low and sell high. Some say silver is historically under priced and set for a rebound. Do the research for yourself, but silver is definitely a legitimate asset for investment.
What else can I help you with?
What is better to invest in gold or silver coins?
That depends on the amount of money you have. If you have lots I would invest in gold but if you don't have much to spend I would invest in silver.
What should you invest in?
Silver!
What is better to invest in silver or gold?
Silver! It has more potential. In my opinion.
Should you be investing your money in gold?
If you have any money that you can afford to invest, you should invest in gold. However, it has been shown recently that silver is gaining in popularity as far as an investment.
What foreign currencies should I invest in?
The euro or the Swiss Francs, although gold and silver are also high and going higher. Invest wisely until the property market bottoms out and then buy land.
What is the best way to invest in gold and silver and other precious metals?
Investing through mutual funds is the best option.
Where can one invest in 1oz silver bars?
1oz silver bars can be invested with many big companies who hold silver shares on the market. One could also try local banks where they could invest the bars at the current trading price of the silver.
Would the current upward trend in silver coin prices be likely to continue?
Silver is thought to be one of the most reliable types of precious metals that you can invest in. A good way to gauge its value is to compare it to the price of gold and monitor it over a period of time to keep an eye on the patterns. Overall, though, it is a safe bet to invest in this commodity.
What are the warning signs of a silver scam and how can I protect myself from falling victim to fraudulent schemes involving silver investments?
Warning signs of a silver scam include promises of guaranteed high returns, pressure to invest quickly, lack of transparency about the investment, and unregistered sellers. To protect yourself, research the seller and investment thoroughly, be cautious of unsolicited offers, seek advice from a financial advisor, and only invest in reputable and regulated companies.
Which is a better precious metal to invest in gold or silver?
It depends on how you look at these precious metals and what type of risk you are willing to take. Investin hold because it is less than volatile than silver, but silver has a higher reward for the risk because the price changes with the economy.
How can I invest in Bar Silver?
Anywhere that sells gold or silver coins can usually sell or order silver or gold bars as well. If you want to purchase online, www.goldsilver.com is a good place. Monex.com is a trusted place to buy silver coins and buillon. There is an entire market for Bar Silver that can be accessed by simply finding a broker or by using an online site. Even the phone book has companies that deal with silver.
What is a good money management plan?
Investing in gold and/or silver. Precious metals are at all time highs. Everyone should invest in gold or silver since the value of the dollar is dropping everyday and some time soon will be worthless.
