Investing in silver coins provides a number of key advantages over purchasing other investment products, including stocks, foreign curency and real estate. In the article below, we will highlight the advantages of building up a portion of your precious metals portfolio in silver coins.
Investing in Silver Coins - The Benefits.
• Silver Coins are Tangible
Silver coins cannot be produced from thin air (and consequently depreciated) like physical or electronic currency. Other than Real Estate, physical gold and silver are the only physical investment classes. This allows them to hold their value better over time.
• Silver Coins Maintain Purchasing Power
Silver coins maintain purchasing power over time. Silver and gold are both currencies. For hundreds of years, various civilizations have used silver to make coins. Historically silver has been used to make coins more frequently than gold, because there is more silver in the world, and because it is easier to mine. Silver coins can act as both a store of value and a medium of exchange, making them a very efficient currency. Owning physical silver means that you do not require another party to make good on a contract or guarantee. You also don't have any default risk. This isn't true with investment or bonds or stocks. Think about the benefits of buying coins.
• Silver coins can not be erased or deleted
Keeping a portfolio diversified is always a good idea. It is also a good idea not to keep all of your assets 'electronically'. The benefit to silver coins over Bitcoins, stock and investment portfolios is that there is security in physical ownership. Silver coins will also always maintain purchasing power, which means that they can be physically used to purchase goods in the event of fiat currency collapse. Many investors do not understand that silver coins provide advantages far beyond cost appreciation.
• Private and discreet.
Silver coins can be purchased privately and held discreetly. Depending on the country where you reside, there also may not be reporting requirement on silver coins for your taxes. Silver coins form part of a liquid precious metals market, and can be easily bought and sold, and maintain a transparent value.
