Silver price has been volatile (going up and down). Many Malaysians who have been investing in silver started to wonder asking themselves is silver a good investment, but really? Some novice Malaysians silver investor have started to lose faith in silver investment. This post is dedicated for this group of investor to once again to see the facts for themselves is silver a good investment. There have been readers contacting me to ask me how they can start educating their friends and family about the potential of silver investment. So, another objective for this post is to allow the readers who have asked me the question to share this post to their friends and family.
From the above figure, you can see the comparison of price for gold coin, silver coin, etc during the peak in 1980 and year 2012. Everything else have increase in terms of Dollar except silver. How is this possible? Don’t you think silver is still way under-valued?
In year 1980, there are 4,000,000,000 oz of silver above ground. In year 2012, there are only 1,000,000,000 oz of silver above ground. The availability of silver has decreased about 75% but price is still below the previous peak.
During 1980, our world population is 4.4 billion and now 2012, our world population is 6.8 billion. That means there are more people chasing silver. To make the matter more interesting, only 15% of the people in 1980 have the opportunity to participate in silver investment (mainly in US, Canada and European countries). Today, the whole world has join the game of silver investment. The best example is during 1980, you didn’t hear of anyone is investing silver in Malaysia but now year 2012, not only you are investing in silver, you also see more and more people are investing silver in Malaysia. In fact, the members in SLS has grown 400 more members within 1 short month. The fact is, more people are chasing the limited amount of silver.
So, is silver a good investment? If you find this post worth sharing with your friends and family, please share it. If you would like to keep updated with my blog, please subscribe here so that I can update you with an email on my latest post in the future.