Discover The Key Reason Why It Can Be Beneficial To Purchase Silver Bullion Instead Of Gold Bullion

June 29, 2011 - PRLog -- Should you buy silver bullion coins and bars, or gold bullion coins and bars? Silver price - per Kitco.com - was $34.10, up 6 cents for the day, at the time of this publishing. Silver price is upward of $15.49 for the prior twelve months. That's an increase of 83.68% for that exact same period of time. That's a lot better than any investments in stocks and bonds have carried out in that exact same time period. Gold price was up $1.00 at $1,504.10 today per Kitco.com. Gold for the previous twelve months has risen $262.30 per ounce which is an increase of 21.14%. Visit http://silver-dollar-values.com for more profitable silver and gold tips.

My interest in gold goes back again to the 1970's when I purchased my first gold coins. Over the years I have had the chance to evaluate the performance of gold and silver side by side. I watched gold climb from about $100/oz to $850/oz from 1973 to 1980. That is an 850% increase. I watched silver in the same timeframe climb from about $4.50/oz to $50/oz. That's more than a 1000% increase. So even in the decade of the 70s silver was outperforming gold.

It's broadly believed that many intrigued parties each here and overseas manipulate the metals markets. That means they fluctuate broadly. Silver tends to fluctuate along with gold but the swings in each direction are greater. At the end of the twenty year bear market in precious metals which ended in about 2000 gold had fallen from $850/oz to some reduced of about $252/oz but silver had fallen all of the way back from $50/oz to its level in the starting of the 1970s at a bit beneath $5/oz so its proportion drop was greater than that of gold.

The reality that silver fluctuates more broadly than gold indicates that there's more potential for gains on the upside in the bull market we in which we are currently. We just want to exit that marketplace before it reaches a parabolic top. Visit http://silver-dollar-values.com/Selling-Gold/ for more profitable silver and gold tips.

It's important to notice that silver is more depressed than gold. It continues to be in a bear market since the late 1400s. Whenever you adjust for inflation, silver did not begin to reverse this pattern till about 2000. That is a very long bear marketplace. It's like a tightly coiled spring that is about to become unleashed.

Once we add to this the fact that silver is more scarce than gold it becomes more impressive. Just about all the gold at any time mined is available in above ground stores like central banking institutions and personal holdings. Gold has couple of industrial utilizes and is valued mainly for its monetary perform, as a store of worth that has stood the check of time.

Silver, on the other hand, has observed increasing use in business in the past century. Silver will be the best conductor of electricity and heat and also the best reflector of light. Each and every digital device uses minute amounts of silver in components like switches and the like. Silver has been utilized for its antibacterial qualities for hundreds of years and now that resistant microbes make antibiotics less helpful, silver is increasing its usefulness being an antibacterial. Silver is added to textiles to create them germ free. Socks with silver fibers are recommended for diabetic patients. Silver has long been utilized to treat burn patients. My advice and recommendation is to buy silver coins and silver bullion bars now while the silver price is still relatively inexpensive. Buy silver today! Visit http://www.silver-dollar-values.com for more profitable silver and gold tips.

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