7 Ways to Become a Silver Investor

While gold and silver have both a monetary value, protecting us during times of currency devaluations and inflation, it is mainly silver that can create huge profits because of its sharp price moves (volatility).

We mentioned in another article 7 ways to invest in gold. In fact, an investor or individual can make use of exactly the same ways for his silver investments. Let’s review those, taking into account the priority we are giving:

  1. Buy physical silver – this is the preferred method of silver investing because you have no counterparty risk. The difficulty to take into account is the storage of the metal: not only do you need to store it safely, but the quantity can become an issue when buying larger amounts of silver. Physical silver is usually bought in the form of silver bars.
  2. Silver coins – as long as you stick to the widely accepted silver coins, you are fine. Examples of the most traded coins are the American Eagle, Austrian Philharmonica, the Canadian Maple Leaf, or the Mexican Libertad. Premiums on some of these coins, but mainly the more unique ones, are usually higher than silver bars.
  3. Perth Mint – this 100-year-old mint is the only government-backed bullion storage facility in the world. It’s located in Western Australia and it fully guarantees your account and physical silver ownership. You pay a service and administrative fee, but storage of your silver is for free. You can order the metal for physical possession. This is a good option when you are afraid your country could confiscate silver investments.
  4. Vaulted silver – with the advent of the Internet, you can easily buy your silver online and have it stored for you in special secure vaults. When buying vaulted silver, the service provider usually holds silver bars for you. This silver investing option is somewhat related to the previous one, but it is using much more of the Internet and you can easily trade. The most known service providers are GoldMoney, BullionVault and our favorite one is Hard Assets Alliance.
  5. Silver stocks – shares of gold and silver mining companies is a much more risky way to profit from the precious metals bull market. It requires thorough analysis. Some mining companies will grow in value over the coming years, as they have the silver in the ground. But be careful, not all of them will have the same bright future. Professional advice is recommended when investing in silver stocks.
  6. Silver Exchange Traded Funds (ETF’s) – you can buy easily those financial instruments on the stock exchanges. They usually track the silver price. We don’t love them as they are not always backed with physical silver (you could run a serious risk in case of a collapse of the financial system). We recommend investing your assets only if the ETF’s is fully backed by bullion, like the Sprott Physical Trust.
  7. Options and futures – of course this is the most risky way to make silver investments. We do not recommend it at all, except if you are a very experienced silver investor or trader.

If you feel ready to invest in silver, then we recommend you go through the different types of silver investments in trusted companies: buy physical silver (bullion), buy silver coins, invest in one of the silver investment funds or maybe first start with extending your knowledge with one of the silver investment newsletters.

 


 

Beginners’ Guide – All Articles

 

INTRODUCTION TO THE WORLDS OF GOLD & SILVER

What’s This Financial Crisis About and What’s The Link With Gold & Silver?

Physical Gold: antidote against the ongoing global debt crisis

7 key benefits of owning gold and silver

7 Ways to Invest in Gold  and  7 Ways to Become a Silver Investor

Is Silver a Safe Investment  and  Are Silver Coins a Good Investment

Buying Silver is a Volatile Investment  and  The Value of Silver

Why To Buy Gold Bars as a Gold Investment

Understanding Gold Coin Prices

Understanding Gold Price Per Ounce

 

7 TIPS TO INCREASE YOUR WEALTH WITH GOLD & SILVER

Introduction: Now is the time to invest in gold and silver – 7 tips to increase your wealth

Tip 1: Gold and silver is for everyone – You too should own it

Tip 2: Be sure to have physical gold & silver

Tip 3: We are in stage 2 in the long term gold & silver bull market

Tip 4: Be prepared to see sudden price drops

Tip 5: Timing when buying is crucial

Tip 6: This is the century of silver

Tip 7: Gold & Silver stocks can have high yields

 

IS NOW THE TIME TO BE BUYING GOLD & SILVER?

7 facts proving we are in a long term powerful uptrend in Gold and Silver

Is This the Best Time to Be Buying Gold and Silver?

Gold Investments in 2012

 

THE BEST GOLD & SILVER INFOGRAPHICS

Is gold a bubble? Look at this Infographic for the answer.

Own physical Gold? This infographic explores Vaulted Gold as one of your options.

Infographic: all you need to know about Gold in the world