OFF GRID SURVIVAL BLOG

Monday, December 31, 2012

Physical silver is a long-term safe haven

It is not a secret that silver is much better long-term investment than gold. This is attributed to the more diversified use of the white metal, its current low price and optimistic future prognosis. Investing in silver futures for the short term has certain risks which could be positive or negative – almost like gambling. If you are a safe-player investor type, than consider the physical silver investment opportunities. Bearing in mind that the long-term takes an extend of more than five years, placing cash assets into physical silver is a step which is positively proven by several factors and has almost no risk. In September 2011, the metal’s price soared to $50 and analysts still speculate with that data. The significant here is that this bullish market then, was not a tendency, but a single day phenomenon and it affected only the contracts for future delivery. On the physical silver market the traders were purchasing silver at about $35 per ounce while selling the commodity at $50 per ounce. It is important to stay calm and think in perspective, because one-day events are called incidents and they mean nothing to the long term period where the physical silver rules. Firm evidence can be found in stable market factors that benefit the silver bullion prices trough the future periods. A growing need of the global industry will always support the physical silver price as securities cannot be used for water purification, solar-power generation, coin emissions, specialized medicine and other important sectors.
- Source Dubai Chronicle - http://www.dubaichronicle.com
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

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