The continued high reading in the gold/silver ratio, which indicates silver, is undervalued relative to gold according to historical norms.
The prospect that 4 more years of President Barack Obama's policies will prove inflationary, devaluing the U.S. dollar and therefore boosting the prices of hard assets just like the precious metals.
Expanding investment demand as more fund managers buy the metal to back a expanding number of new exchange-traded fund (ETF) offerings.
A continuing increase in industrial demand for silver, that is utilized in every thing from solar-power generation and water purification to hygiene and specialized medicine.
Few other assets presently appreciate such broad bullish support - and that means now's the perfect time to either add silver for your portfolio or increase your current level of exposure to the metal.
For smaller sized investors, this usually means purchasing one-ounce silver bars, or half-ounce or one-ounce silver bullion coins, which consist of the American Silver Eagle, Canadian Silver Maple Leaf, Mexican Silver Libertad, Chinese Silver Panda and Australian Silver Koala.
Government and private mints about the globe create them. The prices usually track the spot price of silver, plus premiums of 8% to 10% for bullion bars and as much as 16% for coins, which covers the cost of minting and fabrication. The actual mark-up varies from coin to coin based on the purity of the silver utilized, with Canada's Silver Maple Leaf being the highest at 99.99% pure. Straight Talk cell phone with free shipping http://www.cellmobiledeals.com
Bigger investors can decrease the premiums to as small as 4% to 6% by buying the five-ounce, 10-ounce, or one-kilogram coins provided by some mints, or purchasing 10-ounce or 100-ounce silver bars.
Note, nevertheless, that the premiums for all sizes will probably be significantly greater in the event you purchase in little quantities or wish to pay by credit card instead of having a bank draft or funds transfer. For instance, earlier this week, one top U.S. dealer quoted 5 one-ounce American Silver Eagle coins at $38.64 each if bought having a credit card, but priced one hundred coins purchased having a wire transfer at just $36.51 each. The premium around the two purchases over the spot price in the time was therefore 11.61% versus just 5.46%.
No matter what you would like to purchase in the way of physical silver, gold or other precious metals, probably the most essential rule would be to deal only with trustworthy dealers with confirmed encounter in the business and clearly stated policies and warranties - particularly if you are buying by phone or on-line.
Kitco (kitco.com) - One of the world's biggest metals dealers with offices in New York, Montreal, Hong Kong and elsewhere, Kitco provides a wide variety of goods and services, such as real-time quotes and news updates. Purchases may be produced on-line or by calling 1-877-775-4826.
The Tulving Co. (tulving.com)
Physical silver provides a long-term store of worth, however it does carry some added risks - one of them being the possible for confiscation. That possibility is fairly real, as lately discussed relative to gold in Bill Patalon's Private Briefing. As such, if you are seriously contemplating silver as a hedge against future U.S. political or financial uncertainty, you may think about a storage website for the coins or bars in Canada or elsewhere offshore.
Also, while it is simple to each purchase and sell bars and coins with any of the above dealers, they are nonetheless a little cumbersome for trading purposes contemplating price mark-ups, storage, shipping and insurance costs.
If you'd favor to invest in silver for trading purposes, the ultimate car will be the silver futures contract - probably the most well-liked presently being listed around the COMEX Division of Chicago's CME Group. Nevertheless, that is a pretty high-dollar/
Additionally, it means a move just like the $1.152 drop we saw in the March future on Nov. 30 could cost you $5,760 in a single day - and that wasn't even the greatest one-day decline in November. Prices dropped $1.786 an ounce on Nov. 2 - a move worth $8,930. Plus, you have to place up a margin deposit of $12,100 simply to purchase (or sell) a single contract in the first place.
You will find smaller sized U.S.-traded silver futures, but at 2,500 and 1,000 ounces, they nonetheless carry a high risk, have decreased liquidity, and require proportionately high buy margins.
Choices are also accessible on silver futures, however the costs and risks, although restricted, are nonetheless fairly high.
The greatest and most actively traded of those funds will be the iShares Silver Trust ETF (NYSEArca: SLV), current price $31.88. Founded in April of 2006, the SLV share price pretty closely tracks the price of a single ounce of silver, generally trading at a modest discount. As of the finish of October, SLV held roughly 317 million ounces of physical silver, and had a marketplace cap of about $10.5 billion. It is also extremely liquid having an every day trading volume approaching 4 million shares.
You will find also a number of other silver ETFs, such as the ETFS Silver Trust (NYSEArca: SIVR), current price $32.60, and also the Sprott Physical Silver Trust (NYSEArca: PSLV), current price $12.98, which has been aggressively expanding its physical silver holdings in current months.
Regardless of how you select to purchase silver, this metal's prospects look particularly shiny in the year ahead; so do not miss this chance to polish up your portfolio's earnings. Buy silver today, and be pleased tomorrow that you did. How high will silver go? Learn more >> http://silverpricestoday.cc/