I think the precious metals are opportunity buys right now at current
prices. I always recommend investing on dips and after the drop in
silver prices we have had in the last few weeks silver seems to be
presenting another lucrative entry point. There are three ways investors
can get exposure to silver. My top approach for silver exposure is
purchasing physical silver bullion and coins, followed by purchasing
shares of ETFs that track silver prices, and finally through the stock
of the individual silver companies/miners.Endless easy money policies from central banks around the globe have
undoubtedly created a long-term tailwind for gold and precious metals.
In recent articles I have suggested that gold prices may also have
tailwinds in the form of extensive inflationary pressures and have recommended picking up the gold miners
as a potential way to play it, in addition to physical assets or one of
the ETFs that tracks gold prices such as the SPDR Gold Trust (GLD).
I believe all precious metals will benefit from inflationary actions of
by central banks worldwide in the next few years. In the present
article I would like to highlight three ways to invest in silver, given
that I have stated that it could outperform gold in the next year.
Physical bullion or coins: This is the best way to
invest in silver in my opinion. There are numerous dealers in most
cities and on the internet where you can buy silver bullion bars and/or
coins. I not only consider physical silver as a wise investment given
government stimulus, but I also consider it to be a form of insurance in
case of a total meltdown of the fiat currencies and modern financial
systems we have in the world today. If you decide to invest in physical
silver assets, do so by only buying from a reputable dealer. This is
especially important if you're purchasing over the internet, where you will want to look for a well established dealer with a long history and stability in the business. The only downside from internet
purchases is high shipping and insurance costs as well as the
possibility of a required minimum purchase. Whenever possible, buy
locally to avoid such excessive shipping and handling fees.
