Potential Source for Silver

Through all the anxieties and the inquiries with contacts, I may have stumbled into a good source of actual silver that can help Readers acquire this metal. David Morgan of the silver investor.com, comments that at least 20 to 25% of our assets should be made of actual silver. To all those who have emailed me about the source for actual silver in the Philippines, please give me a few weeks to verify the source, the prices and the authenticity, but based on the facts that I have gathered, our search may be almost over for actual silver acquisition in the Philippines.

Of course, if you have the dough, there are a lot of websites that can give actual physical delivery of Silver, but one reader commented that the cost of freight and taxes can be really high. Silver for sale in Singapore via the Goldsilver website store is also sold at a very high premium. Then again, that is if you have the dough.

Many economists have high hopes in silver, I think you should too since anything low has a chance of getting high when the basics of demand and supply are put into consideration. You learned that from High School right? Supply and Demand. Demand for silver is at an all time high and with greedy politics manipulating the price of silver, it does not become worthwhile for Mining Groups to find silver, thus creating a limited supply of the white metal.

I declare that the information age is colored White and white metal will be the best long term hedge that one can put his faith on. Now that is real money, and not currency!

You've Just Been Gifted A Huge Second Chance To Get Into Silver

(This guest post comes courtesy of The Mad Hedge Fund Trader)

If you missed the great run up in silver last year that saw prices run up 95%, you are being offered a second bite at the apple. The latest round of risk reduction by global hedge fund has bashed the white metal, knocking $5 off of the $19.50 high seen in the heady days of November.

Geologically, silver is 17 times more common than the yellow metal. All of the gold ever mined is still around, from King Solomon's mine, to Nazi gold bars in Swiss bank vaults, and would fill two Olympic sized swimming pools. But most of the silver mined has been consumed in various industrial processes, and is sitting at the bottom of toxic waste dumps. Silver did take a multiyear hit when the world shifted from silver based films to digital photography during the nineties.

Now rising standards of living in emerging countries are increasing the demand for silver, especially in areas where there is a strong cultural preference for the jewelry, as in Latin America. That means we are setting up for a classic supply demand squeeze. I think we could run to the old high of $50/ounce in the next economic cycle, if another monetary crisis doesn't get us there first. Since silver can trade with double the volatility of gold, this forecast could prove conservative. You can buy the futures, where a 5,000 ounce contract worth $80,700 on the COMEX carries a margin requirement of only $6,750. You can also buy one ounce American silver eagle .9993% pure coins, but make sure you have a big safe to accumulate a serious position.

SILVER INVESTMENT TIPS

SILVER INVESTMENT TIPS can be useful especially for the new time investor. Right now silver has breached the 15$ per ounce price and is headed out the window. If you have not started buying, you might want to squeeze a little more cash to get things done. Here are a few SILVER INVESTMENT TIPS that can become really helpful:

SILVER INVESTMENT TIP NO. 1: NO ETFs or PAPER SILVER- paper silver issued by investment companies especially in the US can be manipulated and is worth nothing (sorry for the blunt description). The mess in the US was caused by much greed and dishonesty, especially in fiscal reporting.

SILVER INVESTMENT TIP NO. 2: GO FOR ACTUAL SILVER- whether your holdings are in bullions (which tend to be more expensive), popcorn, bars or whatever you have, as long as the purity is .999 then that is alright. My opinion is if you have small denominations of pure silver in your possession then that can be easier to spend than silver bars. (get the jist?)

SILVER INVESTMENT TIP NO. 3: STERLING IS NOT PURE SILVER- if you were thinking about heading to the SM Mall and buying all the Sterling silver you can get your hands on, then strap your boots for a moment and listen. That is why you need to heed these SILVER INVESTMENT TIPS so that you would understand that sterling is below .999 in purity, it could be .92 or .90, which is certainly very less in value and does not appreciate as much.

SILVER INVESTMENT TIP NO. 4: NUMISMATICS- this refers to collectible items and other coins that are very expensive due to the fact that they were minted for a certain premium. It takes a lot of training to eye the real coins from the fake ones and you might end up with chocolate in the inside.

SILVER INVESTMENT TIP NO. 5: READ CREDIBLE SILVER AUTHORS- there are a lot of gurus out there which are trying to tell you to buy their stuff. Check out their credibility and if they are really who they say they are. One authority that i trust is David Morgan, author of the Silver Investor website.

If you know what you are doing, this kind of investment should protect you in the long run. Whenever there is a great investment like Silver, then surely SILVER INVESTMENT TIPS can aid the aspiring metals investor.

Actual silver

In my previous articles, I related an article wherein, my brother in law and I discovered a source for buying actual metals. Much of the hype and the risk involved in dwelling in this kind of investment is the fact if the metals sold to you is real or just a bunch of metals combined together with no inherent value. Knowing that there are so many various scams to hurdle, science once again has proven that there is a way to determine if gold and silver is pure or not.

So, on with our adventure. We purchased our first 500 grams of silver and have it assayed for a small fee, the metal was converted to a bar since they were in silver nuggets and when the melting process was done, the silver turned out to be .993, close to the .999 we were expecting. At least our supplier was credible enough. On refinement, the silver produces a shiny glitter and loses the dull gray color that it used to have.

We have attended a short lecture on how to determine the purity of the gold and silver through the use of chemicals and through the 'stone' test using nitric acid. More of this on my next post.