Silver as an investment has returned tremendous gains over the last decade, driven by lower mining output coupled with never before seen industrial and medical demand.
The United States Geological Survey actually put out a study claiming that silver would be the first element to become extinct. While we feel that this is a dramatic claim to make, it does underscore the reality that there is far less silver than previously thought.
An investment into silver in 2002 of $100,000 would today yield approximately $639,600 (as of June 2012). In comparison, had you invested $100,000 into an S&P index fund you would have approximately $116,400.
The forecast for silver is just as bullish, with analysts predicting huge gains in the coming years as demand continues to rise and supply continues to diminish.
Given hindsight and its positive outlook for the future, few investors would consider silver a ‘risky’ investment.
However, far too many stock brokers and fund managers do use ‘risky’ as a descriptive word for silver. They simply will not guide you in that direction because they are not licensed nor trained in precious metals. They do not have the training required for selling silver or gold coins, bullion, etc.
Silver can be placed inside an IRA or bought for physical delivery. Products break down into either bullion or investment grade. There are pros and cons to both, and with one phone call our precious metals specialists will guide you through the available options.