5 Great Reasons To Buy Silver

I've just purchased two more kilos of silver bullion at BullionVault. It is so easy to buy and sell gold and silver at BullionVault.com. Yes, trade, buy and sell bullion - when you need to, or to make a profit when the spot price goes up.

There are so many great reasons to buy silver right now. If you are planning to invest in silver, if you are losing faith in the paper economy, then here are some important points to take into consideration.

Reason #1 Silver Is A Viable Alternative To Gold

The Money Metals – gold and silver – have been recognized as stores of value for thousands of years of human history. Gold has preserved wealth for those that have invested in this metal. Gold has appreciated in US dollar terms roughly the amount the dollar has declined. In other words, gold has maintained purchasing power.

But in 2004 silver actually outperformed gold. While the price of gold increased approximately six percent from the last day of 2003 until the last day of 2004, the price of silver increased over 15 per cent during the same period.

For many reasons, this could happen again, and soon. Silver is a viable alternative to gold.

Reason #2 - Silver Is Far Cheaper Than Gold

Smart investors like Warren Buffett, Bill Gates, George Soros and Lawrence Tish have been buying silver. However, the general investing public has generally ignored silver as an investment.

Silver is so cheap - compared to gold - it may be the buy of a lifetime right now, but only smart investors have taken advantage of current low prices. If we adjust silver’s price for inflation, we are still very close to an All-Time Low in the price of silver.

I recently purchased silver bullion at BullionVault at £700 per kilo. Gold bullion would have cost me £30,000+ per kilo. Want to see how expensive gold is right this minute? Or how cheap silver is?

=> See current live prices of gold or silver in USD or GBP or Euros

You can size the window, choose your currency and style. Choose gold or silver. Choose a period, e.g. 1 day. Then, promote the service to real-time. Click the chart menu option for Real-time, and Start session.

You will see a line come across your chart, and every time there's a price change it is sent immediately to you too, shifting the line up and down. That is the current, worldwide, spot price right now of gold or silver.

BullionVault says this is the fastest freely available gold (and silver) price service anywhere on the internet.

If you had said to me only one month ago that soon I would own gold or silver bullion I would not have believed you. Like so many people, I thought I would have to find a broker or agent, sign contracts, be telephoning back and forth, open an account with a large fixed deposit, etc.

I'm sixty now and I just couldn't see myself getting involved in something complicated or stressful again. I'd already lost $50,000 in property investment and didn't want to make another big mistake.

So I was surprised to find how easy it was to do it all by myself. In fact, BullionVault even gives you a free gram of gold or free ounce of silver to start you off.

The first thing I did was sell that one gram of gold for US dollars and buy silver with it. When I saw how easy it was to buy and sell precious metals I went ahead and added to that acquisition of silver bullion with my own funds.

I was impressed with how easy it was to verify my BullionVault account. I was further impressed to find how easy it was to transfer funds from my bank account to my BullionVault account. In fact, the more dealings I had with BullionVault the more impressed I was with their service and the more confident I became with the idea of acquiring and accumulating silver bullion.

I learned that there are many legitimate companies out there from whom you can start buying silver bullion. Some of these companies are online as well, such as Monex and BullionVault.

These companies usually offer a range of gold and silver products. Ideally they should also buy back your silver based around the current spot price. Spot price is whatever the market price is at the time you are buying or selling.

I live in the UK so this particular problem doesn't affect me. At least, not yet. But I keep hearing about crazy things happening in the USA. Don't get me started on the TSA activities at airports over there.

Anyway, I read that back in 1933 during the Great Depression, President Roosevelt signed Executive Order 6102, effectively forbidding the ownership of gold coins, bullion, and certificates by US citizens.

So the US government forced people to turn in their gold for $20.67 an ounce. The government then “revalued” that gold to $35 per ounce. What’s interesting is that EO 6102 doesn't mention silver. But if government was crazy enough to rob its citizens back then, it may try to do it again.

Therefore Americans may need to look at having their silver safely and legally offshore . With BullionVault you can choose to have your bullion stored in London, Zurich or Switzerland. You can even own metal in all three locations.

One of the most amazing facts about silver is that demand has outstripped supply for fifteen straight years. This trend is expected to continue for at least the next several years. This is just one of many factors which may cause the price of silver to sky rocket.

Annual silver supply deficits have run as high as 200 million ounces in boom years, and as low as 70 million ounces in recession years. It is important to realize that even in years of decreased silver demand, the mining supply on an annual basis did not meet that demand.

There is nothing more relevant for a commodity than such a deficit condition. It's the law of supply and demand. Another relevant but generally unknown fact is that there is actually less silver bullion available for investment than gold.

As the dollar loses more value, and at a more rapid pace, people worldwide will turn to gold first, and then to silver. Since silver is a smaller market, and far more affordable to the masses than gold, this new monetary demand will also force silver prices up.

There are so many reasons why silver is considered to be under-valued right now that I will go further into those reasons elsewhere. Meanwhile I will mention having seen predictions of silver actually overtaking the price of gold in the near future.

Right now may be a good time to do what I did along with many other would-be investors. You can begin to learn about owning silver bullion with a free ounce of silver to get you started.

Open a free BullionVault account and prepare yourself for a change of fortune. Practice trading with a free ounce of silver so there is zero money required and therefore no risk.

Discover how easy it is to buy and trade silver and gold safely at BullionVault. When you are confident with the company and the system then you can begin to accumulate silver bullion as I have done.

Since beginning this hubpage my kilos of silver have increased in value by approximately £100 each. Despite this, silver is still considered extremely cheap compared to gold, and an excellent investment by experts worldwide.

Analysts expect the price of Silver could continue to rise as investors seek an alternative to Gold and as demand from emerging markets begins to outpace the world’s limited Silver supplies.

Today is a good day to get silver and earn from silver. I've been telling people to buy silver for months. The silver I bought months ago has increased in value by almost one hundred pounds per kilo. If I sold ten kilos of my silver today then I would make £1,000 profit.

And it's so easy to trade bullion - buy and sell - at BullionVault. But I don't want to sell because I know silver is going to keep increasing in value.

Most people buy silver as insurance against the complete collapse of the world paper money system. I don't want that to happen but as a way to stay safe it`s good to be prepared. It`s better to be a week, a month, even a year early than to be one day late.

Get ready for the Silver Economy. Don`t be silverless. If you already have silver then BullionVault is a way to have more.