Buy Silver Today, Preserve Your Financial Future For Tomorrow
If you are looking to preserve your purchasing power, then you may have heard about the many benefits of gold. However, there is another precious metal that may provide you a better investing opportunity – silver. Silver coins, bullion, and other investments into the precious metal can all be done through Allegiance Gold. While gold has a higher spot price than silver, silver’s performance is better than gold. Here’s a look at some of the many reasons why you may want to include silver in your overall portfolio.
1). It’s A Hedge Against Inflation
Silver, like gold, acts as a hedge against inflation. Since President Nixon closed the gold window in 1971, the U.S. dollar has lost a stunning amount of its value. For instance, the average price of a U.S. home was about $25,000 in 1971. Today, you would have to pay close to $350,000 for a home in the United States. Compare that to the price of silver during that same time frame. In 1971, you could have purchased one ounce of silver for $1.59. Today, that same one ounce of silver is worth $25.75. With silver, you are hedged against further inflation caused by the deterioration of the U.S. dollar.
2). Allows Diversification From Equities
Most people are heavily weighted in equities. That may seem okay during boom times in the stock market. However, stock prices do not go up forever. When stocks go down, precious metals such as gold and silver become a safe haven. When you diversify into silver, you can smooth out the overall returns on your portfolio. This will decrease your chances of “panic selling” and dumping your stocks at the bottom. Placing anywhere from 1% to 10% of assets into precious metals can help prevent drastic drawdowns in an investment portfolio.
3). Both A Precious Metal and An Industrial Metal
Here is one big advantage that silver has over gold. Silver is both valued as a precious metal and as an industrial metal. Every year, six hundred million ounces of silver is used in the production of everything from solar panels to LED chips. That means that silver is becoming more and more rare with each passing year. This is great for those who choose to hold silver in their investment portfolio. Also, the industrial use of silver allows it to enjoy price appreciate during boom times in the market as well as during market uncertainty.
4). Private store of wealth
With silver, you can own it and store it privately with silver coins and silver bullion. This gives you the peace of mind that there is no counter-party risk or third party between you and your silver. Also, if you wish to sell your silver to another party, there is no one standing between you and the sale. You don’t have to pay broker fees and your silver sale is completely private.
5). Available At A Lower Price Over Spot With Junk Silver
Did you know that there is an amazingly cheap way to own silver? Prior to 1965, there was silver content in many U.S. coins including the dime, quarter, half-dollar and dollar. Today, you can purchase bags of these coins, known as “junk silver”, for a very small premium over the spot price. This allows you to potentially enjoy higher returns on your investment.
6). Cheaper To Purchase Than Gold
With gold approaching $2,000 per ounce, you can purchase one ounce of silver for about $25. This makes it easier for you to break down your silver assets into smaller denominations. For instance, if you purchase $5,000 of gold, you may only get two or three gold bars. When you purchase $5,000 of silver, you will be getting hundreds of silver coins that are easier to break down and sell in increments.
7). A Chance To Outperform Gold
During boom markets, silver has a tendency to outperform gold. That’s because silver is cheaper and will tend to attract more retail investors as well as speculators. If you want the opportunity to enjoy outsized returns, then silver may be the investment for you.
Getting Started With Silver Investing
Silver may present a great way to protect your portfolio from inflation as well as stock market volatility. You can get started by investing in silver coins, silver bullion as well as junk silver. A little silver today may go a long way tomorrow. At Allegiance Gold, there are many ways to invest in silver. From the Standing Lion Silver Coin, to 10 ounce Silver Bar, Allegiance Gold can help you preserve your financial future with any type of silver investments. For more on investing in silver or rolling over a retirement account to a gold IRA, call the gold executives at Allegiance Gold today. Make sure to ask for your FREE gold IRA investment guide!