Buy silver

Silver is a great investment now as there is an ever increasing world shortage of silver. Most gold in the world gets recovered and reused. Not so for silver and many of its uses mean it is unrecoverable anyway so more and more silver needs to be mined to replace it.
For this reason above ground stocks of silver are lower than gold. It is very likely to go up much higher than it is at the moment and that is where you will make a good profit if you buy silver. A lot of silver is being hoarded away as an investment and will remain there until the price goes up significantly. This hoarding only increases the shortage of available silver, further pushing up the price. The US Mint, for the fist time in its history, could not get enough silver to make popular coins like the American silver eagle dollar in time this year.
Also, the commodities regulating body, the ‘CFTC’, recently held a public meeting on 25th March 2010. There were calls for them to impose position limits on how much silver any one investor can have and they are now empowered to impose those limits and have to by 18th January 2011. The silver price is artificially low at the moment due to a few very large players like JP Morgan who make more money constantly manipulating the price up and down to their own advantage (short selling) than making a profit in a fair market. However, the good thing for you is that this has kept the price down much lower than it would otherwise have been so if you buy it while it is still cheap you will make a good profit when the price goes up – and believe me it will go up.
You should only invest in real physical silver where you actually own the metal outright as opposed to paper shares in silver. This is because there is evidence that many of these investments are not backed, as they should be, by actual physical silver and there will be massive defaults in ‘paper’ silver once this is realized. You could buy and take delivery of physically silver but getting it now is becoming more difficult, certainly at any reasonable price and then you have to store it securely and so on and deliver it to whoever you sell it too and at what price and so on.
A smarter, easier, way to own silver is to buy it from a bullion vault like where you own it outright. This is what I have done. They store it securely for you and even buy it back when it increases in value.
The two main things you need to know about silver are;
1. The manipulation should end or at least be much reduced and this will allow a fairer price to be discovered on the market.
2. There is going to be more recognition of an increasing shortage of silver and then the price will shoot up as investors and industrial buyers clamber for it.
As China, India and other developing countries, as well as the rest of the world, continue demanding silver but the supply tightens the price will increase and it could be dramatically so. To understand more about the silver story please check out what Ted Butler and others have to say (see links at side).