Silver Coins: A Future of Promising Value



Straight Silver: http://www.straightsilver.com/ Silver Bullion: http://www.straightsilver.com/store/ When it comes to investing in precious metals most people consider gold as the best option. What people don't realize, however, is that silver is the wiser investment, especially silver coins. The great thing about silver coins is that they are easy to find for investment purposes. Coins like the 1964 dated Kennedy half dollar, the Ben Franklin Half dollar and the Walking Liberty half dollar are fairly easy to come by and can be good investments for the future. What need to understand is while silver coins can be an excellent investment, it has little to do with their current value. If current value was the only issue, gold or platinum would be the best course of action. The real determining factor is future demand. Silver is used not only in silver coins, but it's also widely used in manufacturing. While this has managed to keep the price of silver down, it could be just the thing that increases the price as well. The problem lies with the increasingly large deficit of silver supplies. It's estimated that in the next decade that the current silver supplies and current silver mining will prove inadequate to meet demands. This could cause the prices of silver to sky rocket. For more proof of declining stockpiles of silver, all one needs to do is look at the Comex stocks. Comex is a division of the New York Mercantile Exchange that handles precious metals. In 1995, silver stocks were around 260 million ounces. Today, those stocks are having a hard time staying above 100 million ounces. All this indicates that silver stockpiles are declining and future silver prices could be on the rise in very short order. If you are considering investing in silver coins, there has never been a better time. With silver prices positioning themselves for tremendous increases, you need to not be distracted by gold and other metals and focus on silver as a financially savvy investment.

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Visibility: 2057

Duration: 2m 6s

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