Investing in silver bullion coins

Loading...
Loading...
Originally published at Stockhouse.com.
Bullion coins can have the lowest premium of any other silver investment option Silver is one of the most important and fascinating metals on the planet. The white metal's bigger brother, gold, usually gets most of the attention. But there's one thing no gold bull likes to talk about. It's one of the secrets of the gold industry… Gold is rarely consumed. Estimates suggest that 95% of all the gold that man has ever produced is still around in one form or another, either in coins, bars, artifacts, or jewellery. The historic value and human attachment to gold ensures that it's recycled to be used again and again. But unlike gold, silver is typically used only once, and then thrown out. This might sound strange. But it's just a matter of economics. Much of the silver that's mined goes directly into the products we use every day: cellphones, laptops, hearing aids, electronic switches, etc. But only a tiny amount of silver is required for each product. And it's simply cheaper to get new silver supplies from mining than to recycle the silver out of circuit boards and LCD screens. Continue reading this article
here
.
Posted In: General
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...