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Investors shouldn't overlook silver right now: Smith McKenna

India Infoline News Service/ 15:36 , Jul 23, 2012

One important factor is the price paid for that investment, and the barriers to entry for silver are more attractive than they have been in a long time; silver is cheap right now.

The current spot price of silver has been relatively stable in the mid $20 range, with many analysts agreeing that it is substantially undervalued in its historic relationship and ratio to gold. Investing in precious metals for capital gains is all about the right position and the right knowledge.  One important factor is the price paid for that investment, and the barriers to entry for silver are more attractive than they have been in a long time; silver is cheap right now.

Many people miss out on opportunities to invest at the low end before market booms because of fear, lack of knowledge or just flat out uncertainty in unfamiliar territory.  Most people just don't know where to start. 

Stephen M Smith of Smith McKenna LLC agrees that knowledge, pricing and the right position are everything when it comes to investing in precious metals. Smith firmly believes that silver's next boom is going to experience 'no slowdown' like it did in 2011, potentially making a lot of people very wealthy; and is offering a FREE investment guide to educate the public on how to invest in silver. http://www.smithmckenna.com/investment-guide

According to Smith McKenna, Investors shouldn't overlook silver; the dollar is depreciating right now and could get a lot worse.  Smith has devoted over two decades of his life to precious metals.  "Did you know that silver might be a better investment vehicle than your IRA/401k," said Smith.  "You must own the physical asset however, and steer clear of futures, derivatives and ETFs."

The current global cues like money printing and stimulus efforts in Europe, and the ratio of silver to gold being out of whack could be a strong recipe for bullish success and wealth creation for those who invest in silver.  The current ratio is approximately 58:1, whereas its traditional and expected ratio is around the 30:1 ballpark range.  As history repeats itself, like it has consistently done for decades, silver has a large ratio gap to close which could send the price of silver into the $50/oz range.

One key factor for investing in silver, is limiting the costs associated with the investment. Smith McKenna, under their recent business announcement, now offers the cheapest yet most secure investment in the industry; with no commission brokers, free insurance, and a mere 0.1% storage fee in licensed third party depositories. All of the savings are passed onto the investor; substantially increasing potential profits in precious silver.

Those who are at the learning how to invest in silver phase, could learn years of investment knowledge in just a few hours with Smith McKenna's free investment guide. Commodities are an excellent way to diversify an investment portfolio, especially because they are finite in supply.  Less supply of silver and more demand is a winning combo for investors who hold physical silver.

Last year, according to The Silver Institute, there was only 1% in new mined silver added to supply.  Silver is used for jewelry, investing, and is an industrial metal with exceptional properties of strength and conductivity that is tied to the pharma, electronics and solar panel industries to name a few.  As global manufacturing increases for these sectors with China a key player, limited above ground supply, and the value ratio gap resolved; the price of silver is likely to rise swiftly and steadily.

 



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