If there ever has been a good time to invest in silver then it is now. At the current rates, the price of silver is almost 70% off its highest price and it doesn't take a rocket scientist to realise that silver prices will skyrocket pretty soon. Many stores both physical and online that sell silver are experiencing an upsurge in demand for this precious metal so there is no reason where you should be left behind in this modern-day silver rush. Let's face it - to buy gold requires much more money so the common man's best chance to make some money in the future is by investing in silver while it is still available at its lowest possible prices. Investment silver is found mainly in two forms, coins and bars. The variety normally available is the 1 OZ bars and coins and the 10 OZ bars. The preferred types of silver bullions are those embellished with significant features such as the American Eagle, Indian Buffalo/Warrior and the Mercury/Winged Liberty. In buying silver rounds or bars you should make sure to go for stores that sell silver of 0.999 or a higher degree of purity. This is the minimum degree of purity needed for investment silver. The good thing is that high purity silver bullion can be bought online and so accessing this valuable metal has been made quite easy. …show more content…
There is also the issue of serious inflation currently affecting many economies around the globe. As a direct result, despite all manner of economic stimuli being injected, the dollar and other currencies will start losing value and then it is only commodities such as land and precious metals that will bear significant value. Not to sound pessimistic but if now is not the right time to visit stores that sell silver then all stock exchanges in the world are living in