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Why Buy Silver?
Buying Silver As An Investment
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Silver is probably the most undervalued asset in the world
The opportunity that lies ahead is far greater than when silver topped out at $50 per oz in 1980. In fact if you adjust for inflation the 1980 price of silver at $50 per ounce the price of silver today should be at $145 per ounce. Today an enormous shortfall is developing in silver. Available supplies of silver have been shrinking steadily over the past decade as many of the silver mines closed due to depressed prices. However, global demand has surged as low prices make silver more attractive to manufacturers and investors. Supplies of available silver have been depleted by over 100 million ounces a year for the past decade.
Silver
has been known throughout the world as money that dates back to biblical times. Today we hear of silver as "poor mans gold". Certainly with the geopolitical and financial events that are occurring in the world the price of silver will skyrocket. Adding to the mix the tremendous amount of debt our country is facing as well as worldwide turmoil, gives silver a huge investment potential. In our modern economy silver is a front and center essential asset. Consider this: -The emerging middle class of millions of savers in India and China are purchasing physical silver instead of paper assets. -In 1980 15% of Americans held physical silver. Currently only 1% of Americans hold any physical silver. When America wakes up, the price will explode! -Silver is a vital component in cell phones, computers, and most electronic systems. Silver is the best electrical conductor known and is an excellent thermal conductor as well. -Silver is a essential component in "green" technology, including solar cells. Silver demand for solar technology is expected to reach 140 million ounces within the end of the decade! -Silver is a critical component in advanced medical technology. In many cases silver in small nano-particles have better antibacterial properties than antibiotics does. -Silver is a key ingredient in water purification. The FDA has approved adding silver to water to help kill bacteria. There are many industrial water purification systems that require silver. Think of the demand for pure, clean water in third world countries. -Silver is also a key element in safe food handling. The outlook for food hygiene and water purification applications is projected to be over 90 million ounces per year within the next year.
Silver
is a metal for all seasons! Rarely in a lifetime are we given the opportunity to participate in a truly significant bull market. Some of today's richest and most successful investors have recently taken huge positions in silver, including George Soros, Warren Buffet, Bill Gates and Robert Kiyosaki. Today the silver opportunity awaits all of us big or small! The reasons to why buy silver will never be greater than today!
How To Buy Silver Coins
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