Now is the Time to Invest in Silver Bullion

GrantsWorld By GrantsWorld, 18th Jan 2015 | Follow this author | RSS Feed | Short URL http://nut.bz/2i_y4cij/
Posted in Wikinut>Money>Investing

If you want to invest in yourself and your financial future then do yourself a favor and invest in silver. Silver is the affordable precious metal right now.

Silver Bullion is a Good Investment

Silver bullion is the affordable precious metal. Gold has been the prize winner as far as precious metals go for as long as recorded history. Unfortunately Gold is not an affordable precious metal for the average income earner. At somewhere around $1400 to $1500 an ounce Gold just isn't affordable for the average Joe. Silver however is currently somewhere around $20 an ounce which makes it very affordable. Silver has nowhere to go but up and if the ratio of supply and demand keeps going at the current rate it won't take more than a few years before you see your investment in Silver return more than 500% profit.
Of course this is my own personal speculation and you will either agree or disagree depending on your knowledge interests and or beliefs. That is okay. I am just pointing out an investment opportunity that just about everyone can afford to be a part of. At $20 an ounce anyone can find room in their budget to bar an ounce or two every pay cheque or even every month. Make the right choice and instead or purchasing lottery tickets invest in something you can't lose on.
A word of warning. Make sure you purchase actual silver bars or silver coins. Do not invest in stocks. If you have the physical inventory you will be ahead of the game if the economy ever collapses. I am not trying to scare anyone it is just the reality of the world we live in today.

Image source: http://pixabay.com/en/silver-bar-rectangle-rectangular-576442/

Tags

Precious Metals, Silver, Silver Bullion, Silver Coins, Silver Stacker

Meet the author

author avatar GrantsWorld
When thinking of what I write about the word random comes to mind. I have many hobbies and do not limit myself to enjoying only a few things in life. This causes me to be overly busy at times.

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Comments

author avatar Carol Roach
18th Jan 2015 (#)

I don't have any money to invest in anything

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author avatar GrantsWorld
18th Jan 2015 (#)

Carol even if you spent 20 a month and just increased your investment slowly.

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author avatar viewgreen
18th Jan 2015 (#)

Interesting article and thank you for sharing this valuable information to us. :)

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author avatar Sivaramakrishnan A
18th Jan 2015 (#)

Thanks for the tip - diversification is the way though my investment days are over - siva

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author avatar GrantsWorld
23rd Jan 2015 (#)

I agree about diversification. I don't have enough money to diversify right now so I just invest in one area for a couple years then move to another investment vehicle.

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author avatar Utah Jay
2nd Feb 2015 (#)

We have a little silver and I do think it is a good time to buy both silver and gold...Great article

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author avatar Retired
4th Feb 2015 (#)

It would nice to have something that has money value. Great article.

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author avatar Michael C Parker
25th May 2018 (#)

Thanks for the tip, sounds like a good long term investment.

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