Monday, June 30, 2008

INVESTING IN SILVER.......part 5


By now, I guess from the charts all you folks are more or less convinced that Silver's the future profit-making commodity.

Yielding better gains than gold, or stocks and other instruments.

Well, so how do I buy silver ??? You ask....

Here are some options:

  1. Silver Bars. These, however, should have the purity certificate. Plus, buy them from reputed banks. Recommendation : Excellent
  2. Silver coins. Again....the purity + good banks. Incidentally, some silver's upto 99.99% pure.Recommendation : Excellent
  3. Silver Accounts. Certain banks offer silver accounts, where you can buy silver...that is, the money you commit makes the bank buy and hoard silver. You can sell the accounts.Recommendation : Excellent to Very Good.
  4. Stocks to Mutual Funds of Silver Mining Companies. Recommendation: O.K. to Mediocre. Why? Well, because the company's share value depends NOT ONLY ON SILVER'S PRICE INCREASE, but other intrinsic factors.
So, that's it......I would definitely go for silver.

The economy might be gloomy, cloudy....but that's where the proverb kicks in :

Every cloud has a silver lining .

1 comment:

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