Most people are still committed to gold, and rightfully so, as the price of gold continues to skyrocket and shatter price records. That being said, there are still a few factors that make silver just as good if not better than gold.
What is the main factor to base this statement on? Supply constraints. The amount of gold already mined is about 100 times greater than silver; yet for each dollar invested in gold, another dollar is currently being invested in silver. You can’t keep buying it at 1-to-1 and have the price stay the same when the supplies are so different.
Being the fact that silver is being produced at a level that has never been seen, as well as being used faster than it can be mined, this screams to the point that silver is only going to go up in price and should be invested in as soon as possible.
Furthermore, the price of gold is trading about 45 times the price of silver. Historically, the ratio has been about 16 times and the two metals should eventually move back in line with that ratio.
So investing in silver, in just about any form is a good idea. Physical silver and silver coins are always the best option, but futures contracts can be worked to, if you know what you are doing. There are a number of places to invest in silver, with one of the best being APMEX Gold and Silver. Do some research and get yourself invested in some silver now.
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