About 170 years ago Great Britain sent two Navel ships through the Northwest passage. The Northwest passage connects ships to the Atlantic Ocean through the Pacific Ocean at Antarctic. Continue reading
A rare 2p silver coin donated in the Royal Berkshire Hospital ‘cash for coins’ box has garnered more than £800 on eBay after a keen hospital volunteer recognized its rarity value. The volunteer, Becky Jennings, noted that it was not a regular bronze coin and called up an auction house. They said that the coin was a rare mint-made error, which could fetch up to £1000. In reality too, the coin went for £802.03 – 40,101 times its face value. Continue reading
Gold and silver are valuable metals that are worth investing in. Gold is the only money that has been used by humans for 5,000 years and has never failed. It has and always will be revalued to account for all excess amount of currency in circulation. Silver metal is considered a miracle metal and is second to oil as the most valuable commodity on Earth. Continue reading
Silver investment, broadly speaking, has played an important role in the world as means of currency or ornamentation for nearly 50 centuries. Silver metal was believed to have first been extracted nearly 5000 years ago in what is today modern day Turkey. Sources recognize silver to be among the most malleable and conductive of metals. Further, silver prices remain one of the stronger commodities along with oil, natural gas and other metals including lead, copper and gold. Typically, silver is mined as a by-product from other metals, but still enjoys a strong position in the futures and commodities markets. Continue reading
The are four ways to invest in silver – ETFs, Futures, Physical, and Stocks. The following article describes each of them in detail. Always consider silver investment, as it is more profitable.
1. Silver ETFs
Currently, an exchange-traded fund has become popular among investors leading to silver investment. This creates a room for low expenses, as it does away with physical storage complexities. There are various silver ETFs for investors, including iShares Silver Trust, PowerShares DB Silver, ISE Junior Silver ETF and Physical Silver Shares. Also, there are inverse and leveraged silver ETFs like ZSL (2x daily short) and AGO (2x daily long).
2. Silver Futures
They are traded under SI ticker on COMEX division of NYMEX. Mostly, contracts stand for 5,000 troy ounces of these precious metals, which are always priced in U.S. dollars per troy ounce. Trading is always conducted after two calendar months – January, March, May, and September falling within a 23-month period; and any July and December falling within a 60-month period beginning with the current month. Extra resources on silver futures include Silver Market Recap, Trading Hours, Fee schedule, NYMEX Rulebook and Real-Time Quotes.
3. Physical silver
Even though the silver price is lower as compared to gold price, silver metal has a constant high value-to-weight ratio. You can purchase silver coins or silver bar through a number of ways, including the trade show and web-based bullion dealer. Investors can also access physical silver through exchange-traded funds. Silver bars can also be stored in secured vaults such as SIVR and SLV.
4. Silver stocks
Investors can invest in stocks of well-established companies that deals in discovery and mining of precious metals. The stock exhibit a positive match with silver prices, as the profit of silver miners highly depends on their goods’ market price. There are various publicly-traded companies that focus mainly on silver, including First Majestic Silver Corp (AG) and Silver Wheaton Corporation (SLW).