Two silver bars

Looking For a New Investment? Consider Silver as an Option

How to Invest in Silver

Over the last 20 years buying silver hasn’t been the wisest investment because of how volatile the market has been. Silver costs less than gold investments, which explains why gold has less volatility than silver. Knowing how to buy silver will save you from the traps of the industry. Despite the past volatility, silver has seen an increase in demand that has made it worth the cost of acquiring. Whether you buy silver coins or silver bars, you should keep a few things in mind when investing in silver.

Buy the Real Thing

One of the best ways that you can confirm your purchase is by going out and buying actual silver as a physical investment. You can find this in many forms, whether it’s silver coins or silver bars. You can choose bars as big as 1,000 ounces, or you can get it as small as 1 ounce. It depends on your budget. Some of the places where you can buy silver bars and coins include:

  • SD Bullion
  • JM Bullion

Buy Silver as an ETF

You came here for information on investing in silver, and we want to outline some of the ways that you can do so. For example, you can choose to buy silver as an exchange-traded product (ETF). This doesn’t give you a physical copy of the silver, but ETFs have the advantage of closely tracking the cost of silver. However, an ETF doesn’t give you a physical copy of the silver, and some people may view this as a disadvantage. In some cases, ETFs have traded at an incredible discount in comparison to real silver, which has made some people less likely to use it. The potential silver ETFs that you could invest in include:

  • iShares Silver Trust
  • iShares MSCI Global Silver Miners
  • Global X Silver Miners ETF

Buy a Silver Mine Stock

Is silver a good investment? We believe that there is money that you can make with silver. You have a variety of ways that you can invest in silver, and one of the ways that you can invest comes through buying silver mine stock shares. Normally, these will rise in value as the price of silver goes up. They also tend to give you a lucrative way of investing in silver. To mitigate some of the risks with a silver mine stock investment, you might spread it out across a couple of different stock companies. Some of the silver mine stock companies that you could invest in include:

  • SSR Mining Inc
  • Fortuna Silver Mines
  • First Majestic Silver Corp
  • Arcana Corp
  • Fresnillo PLC

Invest in Silver Streaming

Lastly, you can choose to invest in a silver streaming company. While these companies don’t have a silver mine directly, they help finance these mines. In return, they receive royalties or interest back. While these companies can get impacted by the rising and falling of silver, they also get impacted by how good of a deal they can arrange. Some of the silver streaming companies include:

  • Pan American Silver Corp.
  • Wheaton Precious Metals Corp.
  • Hecla Mining

Figuring out how to buy silver in a way that works for you becomes the next step. Is silver a good investment? While the industry has seen some rough times, you also have some security that comes with learning about investing in silver because it is backed by a commodity not a businesses performance. Long term investing in silver may help you see a return on your investment.