Silver is definitely not new on the currency scene, as a matter of fact it dates back more than 4,000 years as a recognized use of currency. Gold has been the standard that kings, emperors, pharaohs and pirates have coveted since the beginning of time. The price of gold has always been at a premium but it's little shiny sister is making a case to take a second look.
The U.S. Mint sold almost 30 million ounces of Silver American Eagles last year and The Royal Canadian Mint also experienced a 30% increase of their Maple Leaf Coin over 2009. It was one of the most highly regarded commodities last year and its value increased over 30% during the 2nd half of 2010. That was more than 3 times the growth of gold.
Silver is Not Just For Americans
Industrial usage of silver is exceeding its levels of 2008 and the demand for electronics and solar technology will most definitely continue to lead the charge of silver pricing. Jewelry fabrication is important to the demand for silver but with the eventual rebuilding of the global economy the demand for silver should continue to soar.
Collectible Silver Coins or Silver Buillion
There is an argument for both and as any smart investor I believe that diversity is important for success. There is a way to compound your earning potential by getting paid to sell collectible silver coins and also buy silver bullion with some of your profits.
Numis Network is A Viable Income Source
Numis Network is a direct selling opportunity that offers people a chance to become independent representatives and sell numismatic gold and silver coins. They offer a special rate for representatives and have a lucrative compensation plan to sell their product, collect their product and earn bonuses based on performance. This would be a perfect chance to purchase collectible coins at a good price, have unlimited residual income potential and have money to purchase silver bullion.