The time has come to Invest in Silver and gold: 7 Tips to Increase Your Wealth

How to buy gold bars & coins - With recent breakout inside the gold and silver coins price, we have a confirmation the correction of more than per year is finished. The gold price corrected from over 1,900 US dollar (start of September 2011) to 1,515 dollar earlier this year. Silver declined from almost 50 US dollar (beginning of May 2011) close to 26 dollar. Following a long correction, it appears to be time for a move higher. You never know, maybe we'll soon see all-time highs. It seems is the time and energy to step into gold and silver. This informative article provides strategies for individuals and investors who wish to profit from the subsequent ride up, but also control the economical turmoil on earth.

Tip 1. People globally are accumulating gold & silver to guard up against the debt crisis.

How to buy gold bars & coins - An increasing number of individuals and investors globally are buying gold & silver in the first place to guard their wealth and savings. Even Central banks are accumulating gold over a large scale. Exactly what can we study on this trend? People are protecting their purchasing power against the unwanted effects from the ongoing global debt crisis. Silver and gold really are a safe store worthwhile. With one ounce of gold you'll be able to get the same goods in let's say 3 years. The paper money you might be owning will miss its value on the same period of time.

We are witnessing a serious crisis, brought on by excessive amounts of government debts and big money printing mainly within the Western countries and Japan. One of the most logic outcome of those practices is inflation, which leads to a declining worth of paper money.

Tip 2. You also should own gold & silver, it's very simple.

It became quite simple over the past many years to own gold and silver coins. There are actually more ways than in the past to get gold & silver. Here are some tips:

 Ideally you get gold and silver as 100g bars, 250g bars or 500g bars. Don't purchase large bars, because you will potentially encounter difficulties selling them. Ensure you own the metal; so an unallocated solution out of your bank isn't an advised solution. An easy but safe solution is to keep the metals inside a personal safe, however, not in the home.

 Consider buying some silver and gold coins such as the South African Kruegerrand, the Australian Kangaroo, the Swiss Vreneli, the Canadian Maple Leaf or even the American Eagle. Don't buy exotic coins because you will have difficulties to locate buyers when you want to offer.

 There are Exchange Traded Funds (ETF's) you should buy about the stock exchanges. Ensure you only choose the ETF's that are backed with physical gold and silver coins, like Sprott Physical Trust or Central Fund of Canada.

 You can certainly buy and store gold and silver coins via online programs. The huge advantage is the metal is kept in a secure vault, which can be usually included in the service. We like BullionVault.com and GoldMoney.com. For people and Canadian citizens, it comes with an accessible silver savings program SilverSaver.com. If you like Swiss authenticity 100% outside the banking system, then you should consider GlobalGold.ch.

Tip 3. Be sure to own physical gold & silver, avoid paper holdings.

Avoid whenever possible buying paper silver or gold, such as the ETF's GLD and SLV. They became very popular because of their convenience, but there are a few risks associated with the ETF's. As a general rule of thumb, be sure you own your gold and silver coins outside of the banking system. We're afraid that ETF's could possibly be knocked down when a systemic economic crisis should occur. If you'd like a good example of so what can fail with paper gold, then take a look at the current drama that occurred with MF Global: investors simply lost all their money.

Tip 4. We're in stage 2 with the 3 inside the gold bull market, still far away from the top.

Every market ranges from undervalued to fairly valued last but not least overvalued. They're long lasting trends that are called "wealth cycles". The main element to be successful inside your personal or professional investment life, is to get eliminate overvalued assets so that you can accumulate undervalued assets.

If you go through the current silver and gold prices, it might seem how the metals are overvalued. You may be wrong. Expressed in nominal terms, the costs look high indeed. However, if you monitor following indicators, you'll get another picture:

 When taking inflation into consideration, the gold and silver coins price tend to be lower than their peak of 1980.
 When exploring the personal ownership of gold and silver coins, you will see a ratio of roughly 1:10.000 people in the Civilized world who own the metal.
 When comparing the current gold and silver investments using the ones towards the top of the last bull market in 1980, you will see a ridiculous low amount of invested assets in gold and silver coins today.
 We didn't go to whichever parabolic move with the gold or silver price. In the event you look back to 1980,you will see what parabolic means.

We're currently inside the second stage of the bull market. Whenever we enter the third and final stage, a hype will occur and everybody will rush to have silver and gold. Clearly "smart money" is already profiting from the present undervaluation of gold and silver coins; as usual, they're in front of the herd. Have you been too?

Tip 5. Be ready to see serious price moves, mainly in silver... it's normal.

In general, all commodity markets tend to move sharply. Gold and especially silver stick to the identical principle. Fairly to find out the silver price move 3% or maybe more on the particular day. Because the long-term bull market in gold & silver continues, the volatility intensifies as well. And then we can expect a much more intense price action. Be prepared and don't panic, it is a characteristic of the bull market.

The "heart fainted" investor will preferably must concentrate on gold. If you're not afraid of volatility and you have an iron stomach, then you might choose silver. You'll have potentially higher profits. But be sure to time you buy.

Tip 6. Timing you buy is vital, never chase prices higher.

Among the key decisions would be to determine when you should do you buy. It's a decisions you need to base about the long term charts. The "golden" rule is to find the dips (they always come) and avoid buying at the peaks.

When you have phone gold chart of the past 10 years, you'll see that the price is moving perfectly in a array of higher highs and lows. Don't chase prices higher; just wait to buy the dips. Don't be fearful of waiting a bit if costs are near medium difficulty peak. You should welcome decreasing prices for that buying opportunity you obtain.

Tip 7. The prior century was for gold, that one is for silver.

In the past decade both gold and silver coins performed well in nominal terms. When viewing the gold/silver ratio, most gold and silver experts agree that the silver price increases sharper than gold. A primary reason is the historical gold/silver ratio is approximately 16/1. The ratio has a tendency to go on to that average on the long term basis. Currently it's almost 60. Would you see the opportunity?

An additional way to estimate the potential of a silver investment, is to look at the supply side. Silver is predicted to encounter severe shortages due to the mixture of its increasing industrial usage and increasing investment demand. You'd be surprised to understand just how much industries are using silver like a raw material in manufacturing products. Silver is all around you: your laptop, mobile phone, jewels, light switch, your car, mirrors, solar power panels, batteries, electrical goods like TV or washer, etc.