Very few dealers price silver objects for their carvings, design and antique richness. Most of them price silver objects based on the content of pure silver present in them. It is a never ending debate which way of pricing silver is correct. Practically many people check the silver content in an object, its purity and value is determined based on the price of silver per ounce.
Most of the silver investors avoid buying silver jewelry or objects for this reason. Their high mark up value will lead to less profit. No object can be prepared using silver alone. Hence certain amount of money will be lost while selling them back. Investing in silver ETF's is a great way to gain hundred percent profits without any of these issues. ETF stands for Exchange Traded Funds.
Mankind has been using silver coins and bars for nearly four thousand years. A new way to invest in silver is through silver ETF's. Consider buying 100 ounces of silver for $2868 if the price of silver per ounce is $28.68. Once the price of silver per ounce increases in the world market to $30 you can sell it for $3000.
Everything is done through paper work without involving physical silver. You can get cash or silver as per your wish. Certain amount of money will be deducted as tax and for brokerage when you buy ETF's. Investing in ETF is similar to investing in stock market. The price of your silver units will rise if the price of silver per ounce rises in the world market.
Silver investors consider investing in companies mining silver also as a good option. Buying the shares of such companies or mutual funds investing in one or more silver mining companies is a good way to multiply your money. Silver cannot be mined out as a single metal. Companies mining lead, tin and copper mine silver as a byproduct. So the share prices of these companies will stay intact even if the price of silver goes down, as the other metals they produce are important industrial metals. It is a safe and secure way to invest your money in shares of well managed silver mining companies.
Most of the silver investors avoid buying silver jewelry or objects for this reason. Their high mark up value will lead to less profit. No object can be prepared using silver alone. Hence certain amount of money will be lost while selling them back. Investing in silver ETF's is a great way to gain hundred percent profits without any of these issues. ETF stands for Exchange Traded Funds.
Mankind has been using silver coins and bars for nearly four thousand years. A new way to invest in silver is through silver ETF's. Consider buying 100 ounces of silver for $2868 if the price of silver per ounce is $28.68. Once the price of silver per ounce increases in the world market to $30 you can sell it for $3000.
Everything is done through paper work without involving physical silver. You can get cash or silver as per your wish. Certain amount of money will be deducted as tax and for brokerage when you buy ETF's. Investing in ETF is similar to investing in stock market. The price of your silver units will rise if the price of silver per ounce rises in the world market.
Silver investors consider investing in companies mining silver also as a good option. Buying the shares of such companies or mutual funds investing in one or more silver mining companies is a good way to multiply your money. Silver cannot be mined out as a single metal. Companies mining lead, tin and copper mine silver as a byproduct. So the share prices of these companies will stay intact even if the price of silver goes down, as the other metals they produce are important industrial metals. It is a safe and secure way to invest your money in shares of well managed silver mining companies.
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