Tuesday, February 19, 2013

Precious Metals Investment Advice

By Larry Orum


You really can't be too careful when checking out potential investment options, but with so many choices, how can you be sure to pick the right one? Stocks can produce big returns, but they are definitely a risky choice with the stock market always fluctuating drastically. Some choose to buy and flip houses. This can certainly be lucrative, but it requires skills and money that not everyone will have.

The idea of an almost guaranteed safe investment that is safe, dependable, and easy to understand while providing better security than other areas sounds too good to be true, but the precious metals field provides all of these things. Investment experts agree that this is one of the best choices for investors.

When executed correctly (and after proper, thorough research), investing in gold and silver can be an incredibly lucrative venture, and although gold tends to be at the top of the pedestal in the eyes of "worth", silver can actually be a much more solid investment.

Silver is more accessible because of its lower price point. Gold has reached almost record high levels and that has put it out of reach for many investors. Many gold investors are actually large corporations, banks, governments, and millionaires. Personal investors that are working with much smaller budgets may not be able to afford the prices that gold demands. The lower prices in the silver market make it a better and safer choice for most investors.

In addition, historically, silver has been traded more consistently monetarily than gold, being used much more frequently as a contemporaneous currency, whereas gold has always been coveted and thusly purchased and retained as a wealth-based commodity. This means that in the case of economic collapse, when the fiat-based system were to revert back to one of precious metals, silver would be a much more accessible and standard acceptable currency.




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