Silver Bullion: Owning Physical Silver
Although the United States government once owned sixty percent of all the silver bullion in the world, it no longer has any at all.
By comparison, the U.S. government still has a high inventory of gold bullion, with some metal experts estimating that it has over ninety percent in gold bullion. However, once the public understands how little silver the government actually owns, the price of silver, currently artificially suppressed, will rise meteorically.
Unlike gold, silver is used in many industrial applications, and more silver is used than can be mined. Consequently, mining companies have to pay more to get less silver, extracting forty percent less silver from ore. What’s more, the silver is of a lesser quality than before.
Silver Bullion Shortage Anticipated
This entire scenario means that silver bullion is heading for a crisis. Those who understand this situation should buy silver and prepare to reap the enormous benefits of thinking and acting ahead of the market trend.
An idea is only as good as the plan to implement it. When it comes to silver bullion, it includes researching the best dealer to buy it from, the best form to buy it in, and where to store it for future sales.
The time to act is right now, as it will be too late tomorrow. The precious metal industry changes quickly and unexpectedly and buying low today puts an investor in a position to sell high tomorrow.
Silver Bullion Still Cheap
Silver bullion in 2011 is still cheap by most standards. It is considerably cheaper than gold, but is expected to skyrocket in value by 2012. The anticipated price hike is estimated to be about 150 %. Silver bullion stocks are low and the supply is rapidly shrinking. All of this amounts to a simple conclusion: buying silver bullion represents an extraordinary investment for smart investors. Rather than hold paper assets, it’s better to add silver bullion to your portfolio. It can even be added to a self-directed IRA account.