Buying Silver is Better Than Buying Gold

Both silver and gold are precious metal. Have you ever wonder if Buying Silver is Better Than Buying Gold? Since the creation of Silver Shop Lot and Lowyat Silver and Gold Group in Facebook, silver in Malaysia can be purchased online as easily as gold can (although not in the exact same manner), but silver is the better purchase. Both gold and silver are precious metals that have tangible value. The benefits of each metal have much in common, but there are also differences that must be understood before making an investment.

Both metals are a storehouse of value. Regardless of what happens in the world, a person who has a portion of their wealth invested in gold and silver will have a balance in their investment portfolio. If the world’s stock markets and currencies drop significantly (which is very likely happen in the near future), gold and silver will hold their value and likely increase in value offsetting losses in other areas of investment. The more uncertain you feel about the future, the higher percentage of your wealth can be transferred to these precious metals.

Currencies are beginning to lose value all around the world. Due to budget deficits of governments on every continent, and weak economic growth, the future of many of the world’s largest nations are coming into question. There is no longer a safe haven to keep your wealth. This is the main reason people have purchased precious metals. They have value and are tangible. Currencies are paper. Granted they are strongly related to a nation’s economic output, but in a declining economic environment that is characterized by large deficits, the long term value of the currencies questionable.

Some have tried to move their wealth into gold, but it is silver that is the better investment. All of the reasons that gold is considered valuable apply to silver. But there are additional demands for silver in the world. It is true that gold is worth more on the open market, and certainly it is more glamorous, but much of the value of gold is dependent upon people’s perception of its value. They believe that it is valuable and this is what makes it worth money. Outside of jewelry, gold doesn’t have a lot of applications. It’s scarcity combines with its cosmetic appeal is a large part of what creates the value of gold.

Silver on the other hand is also a metal that is deemed attractive and is also used to make jewelry. But there are many industrial uses for it as well. Silver is an excellent conductor and is needed in a variety of high quality and high performance electronic systems. It is also in demand with photography, optics, dentistry, and many other industrial and commercial applications. There will always be a demand for silver because of its variety of uses.

With the international economy experiencing both instability and uncertainty, silver has become a popular investment and is seen as the best way to protect wealth. It has the traditional tangible value of a precious metal combined with real world demand in the economy for production. Therefore, the future of silver’s value will experience a greater percentage growth than that of gold. It is silver that is the better buy.

Silver in Malaysia can be purchased online in bullion form. This is the best way to invest in silver because it is easiest to buy and sell in this form. If you have not purchase any silver in Malaysia, go ahead and buy your 1st oz. You will not regret it!

Hope you have enjoyed reading Buying Silver is Better Than Buying Gold

Appendix

SOURCE: World Silver Survey 2011 – Images are taken from Source: http://www.silverinstitute.org/

One thought on “Buying Silver is Better Than Buying Gold

  1. Most of the gold mined until now still exists in various forms but more silver gets exhausted in production use. Thus, although there are more silver than gold (ratio is about 16:1),

    BUT SILVER IS BEING EXHAUSTED FASTER THAN GOLD

    At the rate of industrial consumption, the day will come in the not too distant future when man will realize silver could very possibly well be worth more than gold. Now that is an interesting thought…

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