Silver

Today most of us think of silver primarily in terms of inexpensive jewelry, fancy flatware, or the commodities market. However, there’s a lot more to this precious metal than serving as a decorative accessory or a means of diversifying individual retirement accounts. Here are some fun facts about silver that you might not already know.

When opening or adding to a precious metals IRA, most people initially consider investing in gold. This makes sense, as gold is the commodity that gets all the headlines and offers numerous benefits, including consistently good returns over the long term. But gold is not the only option for building a precious metals IRA. Silver

If you’re interested in an investment that has a history of maintaining its value and even growing in value in even the shakiest of economic conditions, consider precious metals. Gold and silver are appealing to many investors for their liquidity and global worth. When investing in precious metals, one option is the purchase of bullion.

Silver proof has become a common topic among growth and retirement investors, as well as collector enthusiasts. But as global economies continue to encounter strong headwinds the number considering silver proof investment continues to grow, well beyond previous bounds. Proof coins have special features that make them more attractive, more valuable and more in demand.

Fly-by-night investors often get caught up in the optimal time to purchase silver. “I just need to wait until silver drops below $30 per ounce again…” sadly seems to be a common sentiment. As the year comes to a close it may be wise to take a step back and look beyond daily spot prices.

Plenty of Room for Growth: In the last few years, the highest spot price for silver was right around $45.00 per ounce. Recently silver has been trading at around the $27.00 per ounce mark. This means, should silver return to this high again, it could see a return of up to 66%. Although gold is