Silver Bars: An Excellent and Affordable Way to Invest in Silver

http://www.straightsilver.com For More Information on Silver Bars: An Excellent and Affordable Way to Invest in Silver. StaightSilver.com has over 30 years experience in selling Silver Bars online. How do you plan to protect your hard-earned wealth? The wise and careful modern investor has many different options available to him, and silver is among the most reliable of these. From the time urban human civilization began, silver has been highly valued as a store of wealth and as a unit of trade. Up until the 1960s and 1970s, many of the world's nations even minted their circulating coins with a silver alloy, thus backing their currencies with the natural market value of silver. This is no longer the case, however. The great majority of people now carry and trade in fiat currency, which is more susceptible to inflation. Investors who are now looking to silver as a shelter against the loss of their purchasing power should consider buying silver bars. Silver bars, also known as silver ingots, offer the best deals on silver available to the average investor. These bars are composed of 99.9 percent silver and come in sizes ranging from one gram to one hundred troy ounces. Genuine silver bars will always bear the marks of their respective mints. While the United States, Canada, Mexico, Austria, and other world governments mint silver bullion coins, commercially available silver bars lie almost entirely in the domain of private mints. When buying a silver bar, you should first be aware of the "spot price" of silver on the market at that time, a figure that's readily available on the Internet. After checking the spot price, you can judge the prices of different silver bars accordingly. Some bars offered at websites such as APMEX and Provident Metals will be priced at only one or two dollars over the spot price per troy ounce, while others might carry a far higher premium. Bars crafted by Credit Suisse, Engelhard, and Johnson Matthey typically command a very high premium due to their popularity among the silver-buying public. Also, keep in mind that the larger a silver bar is, the lower a premium per troy ounce it should carry. Therefore, you should plan on paying a slightly higher premium for a one-ounce bar than for a ten-ounce bar. The silver bar offers the average investor a reliable, attractive, and affordable way to protect his wealth. Take a step towards financial security and buy some today. http://www.straightsilver.com/updates/category/silver-bars/

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