has been considered a precious element for 6000 years. It was first
used as a currency in 700 B.C. and has had a role as a trading metal
in nearly every ancient and modern culture. From the drachma of
the ancient Greeks, which contained an eighth of an ounce of silver
to the Roman denarius and the British pound sterling, which designated
a specific weight amount of the element, silver has long held a
special place as a store of value.
its intrinsic value persists. It is considered a secure and affordable
investment and has earned a place in the portfolios of many different
types of investors for that reason. For example, Individual Retirement
Account (IRA) participants may choose to include silver bullion
coins and bars in their portfolio, provided that they are of a fineness
of at least 99.9% silver.
insulated from the volatility of the markets, silvers value
has been proven as a precious metal and time-tested commodity.
investors, silver is an attractive investment because it diversifies
investment assets, has shown competitive growth in recent years,
and preserves wealth against the ravages of inflation.
Also, because it has an inherent value that is immutable and permanent,
it provides a stability that stocks and other funds cannot deliver.
Accordingly, many experts suggest that investors should include
it among their investment assets.
When you compare silver prices to dollar values, an even more compelling
picture emerges. Take, for example, the years between 1971 and 1981,
in which the U.S. dollar lost more than half of its value while
silver prices rose nearly five times.
No one can predict the future but many financial planners still
suggest including silver among the investments of their clients.