Sunday, 2 October 2011

Forecasts about Prices for Silver.

By Dmitry Vasenyov


Sorting out the issue of investing in gold (as the most popular precious metal), inevitably begin to be interested in the similar tools of investing money.

The first thing that comes to mind - is silver. It is necessary to note that the quotes of silver are moving often quite similar to the dynamics of the gold (most clearly seen in the crisis years, when the intention of investors to protect their capitals grow and therefore demand for precious metals increases).

Notwithstanding, the relative cost of gold and silver (i.e., the figure for how many ounces of silver you can acquire an ounce of gold) is constantly altering (that is, in some periods the silver increases faster than gold, in others - conversely).

Nowadays the silver relative to gold is rather cheap. A well-known Kiyosaki fears everyone by the exhaustion of reserves of silver in the world and the fantastic growth in its cost. Very likely, these fears are premature, but it is definitely worth attention.

These days a lot of experts are inclined to believe that investments in silver in the perspective of the next decade are rather good. Above all, it is necessary to note that silver - in any case, is a reliable investment. Silver as a product is almost more valuable than gold, it is not only applied in the jewelry industry, but also necessary in the technique, for instance, in instrument making.

How can I invest in silver?

First of all, this is investment coins. Silver also is available in the form of bullions.

Primarily, silver and gold can be "acquired" in the form of metal bank accounts.

What are the differences between investments in silver and investments in gold in practice?

In my opinion, the main differences are two:

- The system (infrastructure) of investments in silver is less developed, so that residents of small towns, possibly, will not have an opportunity to find the services suiting them.

- Investing in silver is more convenient for small private investors.




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