Is now the Time to Buy Silver?
Silver has been the most widely used monetary metal for day to day use by ordinary citizens in the history of the world. It has endured centuries of economic and political crisis, yet has always emerged as a universally accepted currency and store of value. While gold has been used for government-to-government transactions, it has been silver that the people have used to buy their bread.
Although silver is relatively scarce, it is the most plentiful and least expensive of the precious metals. Today, the demands of modern technology have revealed the remarkable range of electrical, mechanical, optical, and medicinal properties that have placed silver as the key metal in many applications. Out of all the metals in existence silver is unsurpassed in its ability to conduct heat and electricity.
The major industrial applications of silver are:
Photography
Jewelry/Silverware
Medicine and Dental
Electronics
Water Purification
Computers
Telecommunications
Silver is sometimes referred to as "poor man's gold," but during the last major bull run of precious metals in 1979-1980, silver far-outperformed gold rising to its all-time high of $50.36 per ounce. In 1978 silver was $6.32 per ounce.
Today, silver is once again a low priced commodity with tremendous upside potential. With current demand outpacing new supply, and the lowest inventory levels in years, the pressure is building for a new bull market in silver.
For investors, the greatest endorsement for putting silver in your precious metals portfolio came when billionaire Warren Buffet announced he had purchased 130 million ounces of silver (20% of the world's silver market). This announcement (2/98) shows that even the biggest players on Wall Street are beginning to recognize the potential that has now developed in silver. Going into the new millennium, silver looks to be a great source of capital appreciation.
Get Started Today!!
Call us at 1-800-333-3333
Silver has been the most widely used monetary metal for day to day use by ordinary citizens in the history of the world. It has endured centuries of economic and political crisis, yet has always emerged as a universally accepted currency and store of value. While gold has been used for government-to-government transactions, it has been silver that the people have used to buy their bread.
Although silver is relatively scarce, it is the most plentiful and least expensive of the precious metals. Today, the demands of modern technology have revealed the remarkable range of electrical, mechanical, optical, and medicinal properties that have placed silver as the key metal in many applications. Out of all the metals in existence silver is unsurpassed in its ability to conduct heat and electricity.
The major industrial applications of silver are:
Silver is sometimes referred to as "poor man's gold," but during the last major bull run of precious metals in 1979-1980, silver far-outperformed gold rising to its all-time high of $50.36 per ounce. In 1978 silver was $6.32 per ounce.
Today, silver is once again a low priced commodity with tremendous upside potential. With current demand outpacing new supply, and the lowest inventory levels in years, the pressure is building for a new bull market in silver.
For investors, the greatest endorsement for putting silver in your precious metals portfolio came when billionaire Warren Buffet announced he had purchased 130 million ounces of silver (20% of the world's silver market). This announcement (2/98) shows that even the biggest players on Wall Street are beginning to recognize the potential that has now developed in silver. Going into the new millennium, silver looks to be a great source of capital appreciation.
Get Started Today!!
Call us at 1-800-333-3333
