subject: Silver is a 100%+ investment opportunity in 2011! [print this page] Silver is a 100%+ investment opportunity in 2011!
The US debt is 14 trillion dollars. More and more analysts say the US could lose their triple A rating in 2011. In a nutshell, the dollar is in trouble. Whenever currencies are at risk, a safe bet is to invest in precious metals. Most of the times, people prefer to invest in gold. That's because silver has a high volatility. Silver's price is related to the economy. That's because a lot of it are used in the industry. So with a bad economy silver's price fall because of fewer companies need it in a crisis. That's the reason why you should not have a precious metal portfolio with 100% silver. A safer bet is to invest something like 20-30% in silver.
There is why silver can also be a really interesting investment.
There is less silver produced each year than what companies need. Whenever the demand is greater than the supply the price go up. Silver is used in a lot of industries: electronics, pharmaceutical, medical... Furthermore, in Asia more and more clients are asking for products made with silver. China is one of the biggest consumers. With its impressive growth, it's likely the demand will still be very strong in 2011.
Investing in silver seems a really good investment opportunity in 2011. You can order silver directly. You also can buy silver stocks. It's I likely that a lot of investments will be made in the silver industry in the following years. That's the reason why companies like Silver Wheaton will probably grow in 2011.
If you want to buy silver directly, you'll have to store the silver or pay company that will store it for you. If you think that in case of crisis it's important to have precious metals with you obviously want to store at least a part of your silver at home. Remember silver will take more space than gold though. That's why you could, for example, store 50% yourself and have a company to store it the other 50 for you.
In a nutshell, if you want to buy silver think about volatility. Don't invest all your money in it. Instead, buy gold to hedge your investment.
