When the Lone Ranger mounted his trusted horse, he was shouting praise to his horse, Silver, not advertising one of the best investments available: silver buying. At least Silver’s tack had silver adornment. Perhaps he should have advertised investment and no doubt would be better off today had he taken the advice. And when werewolf hunters are loading their guns with silver bullets, they have, by the purchase of the bullets, supported the silver market and its myriad uses, not necessarily including weapons, but products certainly as useful and valuable. It does not matter what the price of silver (the metal) was in the nineteenth century when the Lone Ranger and werewolf hunters roamed the landscape; it is worth more today than it was over one hundred years ago. That is the point; silver is a robust investment, now or one hundred years ago, or some future time.
Coins, Jewelry, Electrical Contacts, Horse Tack Decoration and Bullets Are Silver Buying
Silver buying obviously supports many industries with samples of goods noted above, and many more. The demand for silver is so great to support all these industries, the supply has difficulty keeping up. It is a condition that is beneficial to the silver investor. The loss of use in the photographic industry when the world converted to digital photography means that the use of silver does not exist except in the electrical contacts in digital cameras. At one time, silver was an essential ingredient in photographic paper, where silver particle oxidation by chemical reaction during photographic development created the range of blacks and grays in the image. Even with that industrial loss, the demand for silver is sufficient to press its supply for more silver.
Silver buying is also in demand for investment in bullion bars and coins as an example of precious metal ownership to defray the effects of economic inflation. Physical silver will never lose its total value. At the very least, silver will maintain an intrinsic value just by virtue of its existence and even if it were possible that all its industrial uses were ended. Since its value is not tied directly to the value of currency, but rather, to its relative supply and demand volume and its intrinsic value, silver will always have value and that value, when reviewed over a long duration, has risen, making it a secure investment against inflationary devaluation of currency.
Silver buying is also strengthened due to its availability for purchase via investment vehicles like precious metals-devoted IRAs and ETFs that function much like mutual funds in traditional stocks. The contribution of multiple investors in these vehicles provides the funds for third party investors to purchase silver. In this method of sliver buying, the original investor is not purchasing physical silver directly, but is buying the equivalent paper defining the selection of one or a combination of funds and for which, by careful oversight by the Securities and Exchange Commission (SEC), investors are assured of the safety and value of their investment.
Finally, silver buying is an investment via purchase of stock in companies that mine silver, process the ore and provide it to manufacturers. The risk in this type of investment relates to the stability of the mining company in terms of history of successful operation, relative lack of labor issues, proof of silver reserves not yet mined and the degree to which a government may interfere with regulatory oversight.
Lone Rangers and werewolf hunters may be assured that their silver buying investment is as solid as the precious metal.