Part II to a previous post “Is there a Silver Shortage?” explores the phenomenon of silver mining production’s inability to keep up with rising silver demand and the effect this has on silver as an investment.
The second major issue in the present silver market is mine supply. Silver mine production has actually increased 33% since 1999 globally. This is largely due to the
Silver has substantially outperformed gold over the past several years. If these two precious metals are not trading in parity then surely there must be some reason for the silver bull run. Many experts believe the silver bull run is far from over and maintain that investors looking to protect their hard-earned wealth continue to increase their exposure to gold and silver as an investment.
It may be speculating as to whether investing in silver on spikes would be considered chasing silver or not. A more disciplined method of investing in silver is
This was a sign at an Ashland, Oregon station taken this month implying that if customers were to buy their gas with pre-1964 silver coins then they would only pay .20 of the face value of the coinage per gallon. These coins are now in demand because they have 90% pure silver content and are sometimes referred to as junk silver because they had no collector value at that time. Junk silver is becoming more and more difficult to come by.
Two Roosevelt dimes
Precious metals investors often ask “Is silver a better investment than gold?” and seem to ride the fence at times of whether they should focus their wealth building strategies in precious metals investments on gold or silver. Many experts believe investing in silver is better than gold in our current economic climate for several reasons.
