An Introduction to Silver
As you can probably say, Silver is my favorite of all precious metals. Like I always say, investing in silver now will be a wise and profitable choice. But what makes it a wise and profitable choice? Why not Gold? To answer that question, let’s see what gold brings to the table first.
Gold is basically money in itself. Like what I’ve said in my Silver Stock Report, Gold is money because of its fundamental nature. I listed down the reasons why it’s the perfect commodity in the report. This is an excerpt of that article:
Gold is the perfect commodity for exchange for the following reasons:
- Gold is liquid and easily traded, with a narrow spread between the prices to buy and sell (about 3-5%).
- Gold is easily transportable, because it has a high value for its weight.
- Gold is money because it is divisible, you can divide it into coins, or re-melt it into bars, without destroying it.
- Also, gold is interchangeable. It can be substituted for another piece of gold with no hassle.
- Gold is also nearly impossible to counterfeit, as genuine gold is easily recognizable.
- When measured by weight, gold is easily countable, and verifiable.
- Gold is money because it is a great store of value. It is not subject to decay, rot, or rust.
- Gold has an intrinsic value, because it is rare, highly desired by the world over, and is a luxury item.
There is nothing in this world that has those same attributes. Except for, you guessed it – Silver. Silver has all the monetary properties of Gold plus a whole lot more. History would tell us that the price ratio of Silver to Gold is 10:1 which means that 10 ounces of Silver can buy 1 ounce of Gold. While today’s ratio is at about 61:1, it can and it will return to its historic value and probably more. You may be asking how it’s supposed to return to its historic value. You can check out my full article at:
You can also read my past articles at Silver Stock Report and you can choose to subscribe for my future articles.
Share this Post[?]
