Investment trends are fast changing and new commodities are gaining popularity over the traditional dollar investment. Investment in precious metals is making this paradigm shift and is bringing in gold, silver, platinum and other precious metals. In order to trade and invest better in precious metals you must gather knowledge about the investment patterns and must be aware of even the ordinary developments that are taking place in the market. One of the most popular metals that are expected to rise in future is Silver! Silver coins that people used to collect have emerged as the latest investment option and alternate of dollar in the recent past. Investment in silver is lucrative and as recommended by the experts that one must invest in different commodities for more profit and less loss. Silver is a lucrative option to invest your hard earned money in, so consult the experts to know more about prevalent trends in silver investment.
Scroll down for tips regarding silver investment:-
Keep an eye on latest price
If wish to deal/invest profitably in the silver dollar keep an eye on the fluctuating silver price. The price of silver gets changed every minute which ultimately affects the investment pattern. If you are planning to invest in silver or any other precious metal it is highly recommended to keep yourself updated with every development that is taking place in the silver market.
Experts can guide you best on the investment related matters therefore it is best to consult them for an honest advice. Trust the experts as they have profound knowledge and can best analyze the current and upcoming trends. Contact experts who can tell you how much silver is in a silver dollar coin. Investment at right time and right advice matters a lot so, associate with market gurus for lucrative solutions.
From price to trends to investment patterns you need to be aware of every activity. Silver dollars are priced as per their composition of silver percentage. There are various silver dollars ranging from Morgan silver dollar to Peace silver dollars and more having different composition and quality. Their value is determined by their quality which is examined minutely. Therefore, it is better to connect with the experts to find out how much silver is in a silver dollar and other silver investment queries.
Spending your hard earned money on a stable investment platform can help you secure your far future. Silver is the latest trending metal in the investment market which attracted a huge population towards it. As it is very economical and can prove to be a better replacement of either gold or stock investment. The economic uncertainty is very much shaping the price of silver on daily basis, but its affect is minimal. This precious metal might seem to be a small investment but with its fluctuating price can easily secure your future. As it is a physical commodity you can easily barter it for something better when needed.
If you keep a track of the market trends continuously it will help you to know the current value of your silver dollar. Keep this precious metal as an asset to add happy years to a better future. If you are worrying about how much silver is in a silver dollar you can always check it on a reliable online portal or from a dealer. You can even ask a dealer about the exact worth of silver coin you bought to secure your future. It might not be a daunting task but you need to keep a very careful eye on the fluctuating market trends.
While you are on the verge to buy silver coins for yourself it is important for you to rely on only a reliable source. Though silver has an emerging market and a huge following but it is very much essential for each investor to be careful. You are investing your hard earned money in this precious metal for a brighter future. So, it becomes very essential to trust only reliable sources and platforms for any investment. Once you are sure about the current worth of silver coin it becomes easy for you to think of a convenient time to come. To know how much silver is in a silver dollar you might wander poles apart, but it is recommended to rely on only trustworthy dealer or online sources.
Where are all the silver comes from?
In the year 2012 alone, total silver production was at a all time high of over 24,000 metric tons, a 28% increased over the last ten years.
Do you know that, over half of world silver production comes from Peru, Poland, Mexico, China and Australia.
Mexico was the top producer of over 4,500 metric tons
Peru and China produced over 4,000 metric tons.
And follow by Australia produced just below 2,000 metric tons of silver.
Others high producer are US, Bolivia, Chile, Poland and Russia all contributed around 1,000 to 1,400 metric tons last year.
And if you are thinking of investing on the mining company, here are the majors producer from each country;
KGHM Poiska Miedz in Poland.
BHP Billiton PLC in Australia.
Fresnillo PLC in Mexico
Goldcorp INC. & Pan American Silver in Canada.
Volcan Cia Minera SAA, Cia de Minas Buenabentura & Hochschild Mining PLC in Peru.
Polymetal International PLC in Russia
Alternatively you can also invest through an ETF such as iShares
The trend shows that, South America is coming up strong on silver mining as they produced over half of the top 12 silver miners over the world.
Who use silver?
Do you know that silver was made into chopsticks as a testing tool during the ancient time in China? Before the meals were server to the Emperor, the royal guard would used the silver chopstick to put into all dishes one by one, if the dish were poisoned the chopstick will turn black in color, a way to protect the Emperor.
Silver was used for thousands of year till now, it was used as a medium of currency and jewelry in the olden days. But at the technology age of today, silver is use in a very wide range, such as medical applications such as; in catheters to reducing bacteremia in the hospitals, treatment in gels and bandages, to kill bacteria, viruses, algae and fungi, hearing aids and dentistry fillings.
As silver is a high conductivity material its good for electrical components like; connectors for audio. It also use on batteries, cutlery, musical instruments like saxophones and flutes and more.