Buying silver bullion the Smart Way
I guess if you viewing this page, you are thinking of buying bullion silver , or curious in investing in silver, let me assure that you will find this site a great learning resource as I am a real investor in silver and more importantly I actually do buy silver bullion bars. This blog however is where I record my experience in investing in silver.
Buying silver bullion against inflation
Inflation world wide: I don't know about you but in today economy in England, prices like food, domestic items and automotive fuels have gone up , however jobs salaries are being frozen and employees are told to take a salary cuts, or worse result in unemployment.
Inflation is happening all over the world as a majority of counties are effected by the USA economy, Inflation is simple this; the price of your dollar or pound ( your country currency) is not equal to the price of living , for example your $20,000 is not the same in buying power as it was 25 years ago.
However commodities like gold and silver have stood the test of time, their worth has always pace itself well with inflation or better. For thousand of years the worth of currency was measured by gold or silver however since 1971 president Nixon took the gold standard off currency, this meant that the government could print money and as much of it they needed to equal the gold reserves that they have , the worrying thing is in today economy we don't even need to print the money we just need to add a zero on our ipads screens.
buying silver bullion , how I purchase my first bullion bar
I was looking for a investment which I could understand, and was not going to be volatile like today stock market ( I meat look at oil for example) , after doing much research I notice gold was a doing very good , experts say it was due with inflation and the weakening dollar , that is true however the current price of gold now is super high its over $1400 a ounce.
The good thing is after researching more I notice experts like Robert Kiyosaki, Mike Maloney and others were predicting that the value of silver is a bargain investment and may one day out beat gold, due to its industrial qualities that are use in nearly everyday things like computers, cellphones, mirrors and medicine; to add further reason why I chose to invest in silver bullion bars is that silver is actually in depletion there actually more gold on this earth than silver.
Buying silver bullion is very easy but nerve racking the first time.
1)I went on google and type buying silver bullion , and a variety of companies came up offering to sell me bullion.
2)Make sure the company is a reputable company, I did this my researching the company to death I spent a whole week trying to find scams, people testimonies, checked to see if their business were license and checked for simple things like can I contact them through telephone, email and address and better do they actually have a real building.
3)Do I small test trial , now a majority of silver bullion companies do not offer credit card or paypal option to purchase your items as this will cut into their profits so normally a wire transfer or cold hard cash is needed. This takes some faith but if you buy small for your fist purchase , you wont be risking much that's what I did bought a 100gram of silver bullion then as my confidence grew with company I bought more, now the bullion company know who I am pretty well.
Conclusion in Buying silver bullion
I honestly hope all this information has helped you so far, remember silver is a cracking deal at the moment and yes its not the cheapest its ever been but don't take my word for it thousands of experts have already invested in the silver commodity as they foresee it rising pretty swiftly in the future, look at china they just keep on buying all the silver and gold reserves............ hmm do you think they know something that you don't ?
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