The massive hype about the gold and silver markets in recent time have radically increased the number of people wondering how to buy silver products. Indeed, with the introduction of internet technology, there is now no reason why even a novice investor shouldn’t be able to trade in silver and other commodities and make profits. Although silver prices have increased in recent years, forecasters predict that we could be going to see a boom to rival that of the 1980’s where silver prices rose massively higher than the prices noticed in today’s market. The current global economic uncertainty overshadowing most of the developed world has meant investors searching for alternative venture opportunities. The dominance of silver in the electronics industry coupled with its inherent value guarantees that investment in the silver market, no matter which products you choose, could produce a good return.

Why buy silver?

Silver is a precious metal that has been coveted and sought after since ancient times. Its attractive appearance has made it a staple of jewellery, ornaments and luxurious dinnerware for a long time, maintaining its popularity and helping to keep prices at an all time high. One of the most attractive qualities of silver is its intrinsic value which means, although prices may deviate according to market forces, it still has an immutable and intransient worth. Moreover, the supply of silver is not inexhaustible and, although silver is mined everyday from various sources, demand has always been huge. Silver is relatively affordable in comparison with metals like gold and platinum and so represents a good place to start your investment portfolio. Thus, you can begin buying small amounts of silver without making a big initial investment – an attractive strategy if you’re just starting out.

How to buy silver bars:

When you’re checking out how to buy silver bullion, a good place to start is on the web. The advantage with looking for dealers online is that they may be able to provide low fees or low custodial (storage) services. This may be really beneficial as you won’t have to worry about transportation costs, high insurance premiums and storage problems. In addition, there are numerous online auction sites where you might be able to get a bargain. Obviously, as with any investment, you need to research the different methods of purchase of silver bars – there are a number of different sizes and brands of silver bar and you should identify the type that would most suit your budget. The cost is based on the daily or ’spot‘ price of silver and a little bit of research should enable you to develop an exact picture of how the market is performing. Silver bars are labeled according to size (can vary from an ounce to a thousand ounce bar) and purity (usually 99% for investment bars, which equates to 99.9% purity).

How to buy silver coins:

Silver coins make an excellent investment opportunity – they’re lightweight, comparatively inexpensive and your collection can be increased as your finances allow. When purchasing silver coins, there are a number of different avenues to pursue. Look around your local area for coin stores or local dealers/brokers. If you’re a fan of technology, there are many online sites, many of which aim to make the process of buying silver coins as simple as possible. Investigate the types of coins available; a number of investors are fans of purchasing silver „American Eagle“ coins for example since the purity of these is guaranteed by the US mint.

How to buy silver