Tag Archives: precious metals

Speculations on Silver Prices – as “What is really Sky High”

silver coins

silver coins

Silver prices hitting $20 per ounce leave market speculating so as how much silver will rise in the year 2016. Due to the overall economic scenario in the world and especially after Brexit, silver has had double the percentage gain as compared to gold. Continue reading

Silver A Trusted Metal for Investment and also a Form of Money

Silver bars, coins, bullions

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Silver the whitest, most malleable and most conductive metal known. Silver has had a variety of uses in history. It has been always a form of money and used widely in jewelry. Continue reading

Silver Prices Around The World Are Changing Mining Operations

Silver Bars

Silver Bars

The silver investment that most people make has been pretty stable, but people are getting concerned that they are not going to get the same returns they did at one time. Continue reading

Investing in Silver, Physical Vs Paper

SilverBU-Dnn87

It is often considered to be a good idea for investors to hold precious metals such as gold or silver in their portfolios in order to hedge against inflation risk and to provide investors with the diversification that simply holding equities does not provide. Continue reading

The Best Time to Invest in Silver

 

Photo credit: Creative Commons / Unit 5

With prices of equities being so high and interest on bonds or bank deposits being so low, many investors have been turning again to metals. But it is not only about looking for higher return as it also serves well to properly diversify a portfolio. Thus, it comes at no great surprise that silver investment has become increasingly appealing and interesting to consider. Yet, is there such a thing as the best time to buy silver?

In order to provide the best answer to that, it is the best to look at the historical prices of silver. If you do just that, you will realize right away how different silver is from gold. Actually, silver prices has not had nearly such a roller coaster ride like gold did. During the last 12 months, it moved from $17 per troy ounce to $20 and then back down to the lows of around 15 before it starts to settle down currently at the $17 level again. This points out that silver has smaller volatility than gold does which moved all over the map, from high of $1700 to the low of $1100 per troy ounce. Lower volatility means that silver is much safer investment than gold may be.

This last 12-months price movement also means that silver has set a firm $15 support line which was tested 3 times with market moving swiftly up from those points. It also means that right now, with prices being at just north of $17, it might be a right time to do some investing in this metal. Prices seem ready to move up to test an upper band, or resistance the way technical analysts would like to call it, which is those $20. Even if the market does not go above that area, $20 is still over 15 percent higher than where it is right now.

There are many different ways to invest in silver. Investors can purchase coins or silver bars, much like gold investors do. This can later can be sold to respectable dealers but incur the cost of storage and delivery. They can also buy it as a financial instrument through their broker in a way of futures or spot contracts. But these can carry elevated risks since they can be purchased on very low margins. Or they can also choose to invest in silver ETF which might just be the best way to combine further appreciation of the stock market and the future rise of the metal itself.

Kentucky Investors Want Tax Exemption for Gold, Silver

Investors in Kentucky who deal in gold and silver bullion and coins feel that the state is double taxing them with 6 percent sales tax.

State Sen. John Schickel, R-Union has necessitated the need to exempt precious metal bullion or legal tender coins from the state’s sales tax levy. Gold, silver and other precious metal investors pay a sales tax beforehand plus capital gains tax when they sell it. Continue reading

Royal Canadian Mint Introduces New Silver Investment Product

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The Royal Canadian Mint has issued a public offering of exchange-traded receipts (ETRs) under the new Canadian Silver Reserves Program. Each ETR is the proof of ownership of physical silver bullion, held with the Mint at its reserve facilities. The Canadian Silver Reserves Program, denotes further expansion of the Mint and its success in core bullion as well as refinery. Continue reading