Thursday, February 26, 2009

Silvery reasons to own..

For a fact, Silver has one of those shiny lusters that can protect an individual through tough economic times. For many reasons, Silver is the investment to beat at this time where fiat money is devaluating and the stock markets all over the world are crashing. Here are some of the reasons:

a. No new minings for silver- since it is a by product of other metals, mines find silver on a 'coincidental' basis and not for the intention of getting silver per se.

b. Heavy demand- almost all of our tinker toys like mobile phones, laptops, computers, PDAs, Play Stations are industrial users of silver since it a very good electricity conductor.

c. From the reasons sighted- Low Supply, Heavy Demand-- what happens next is a question that you will have to answer depending on how well you paid attention to Economics in High School.

d. Silver is deemed to rise so as to cope with the gold and silver price ratio. Historically, there is a certain ratio for gold and silver prices and since silver is too low right now, experts believe that a price correction later through salient economics will bring the price of silver to the moon.

So what are you waiting for? Grab some for yourself and protect your financial future!

1 comment:

  1. one more think why we should own silver rather than gold is its dirt-cheap price. at P25/gram silver is way cheaper that gold which is at P1600 by now. hence, you could own around 70g of silver for the same price you'd pay for 1 gram of gold...

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