Silver Bullion Essay

With the current fluctuations in currency value, it has become necessary to come up with a safer way of storing wealth. Inflation causes loss to creditors as well as debtors. To curb this loss, it is important to consider safer ways of investing your money such as purchasing precious metals. Among the most valuable metals in the current market are gold, platinum, silver and palladium bullion coins. To help in identifying the most suitable venture, here is an extensive evaluation of various bullions.

 Silver

Silver is one of the most valuable precious metals due to its tangible and secure nature. One of the factors why you should purchase silver bullion over others is that the coins are small making them easy to store. In addition, they are cost-effective when considering adding them to investment portfolios. The silver bullion consists of seven types:

• The silver American Eagle

This was introduced in the year 1986 by the U.S government. The outstanding characteristic is that it has a high purity of up to 99.9% pure silver making it be among the most highly recognized bullion. People should invest in this bullion because it has a prospect of increasing in price in the near future. Speculations have suggested that prices could even go beyond $49.45 which is the highest price to have been recorded. The design of this coin is also outstanding since it incorporates the beautiful image of Walking Liberty.

• Silver Canadian Maple Leaf

This is another popular coin due to its 99.99% purity. With the same reverse design as that of the gold Canadian Maple Leaf, it presents a beautiful portrait of Queen Elizabeth II. The coin became a property of the Canadian government in the year 1931. This is the reason the government assures the best le...

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...f 99.95% and is useful to investors and collectors who plan to invest in small purchases.

 Palladium

The supply of Palladium is on a decreasing trend in the current market. This means that the prices are expected to increase in the near future. The bullion offers good investment opportunities to people. There are several types of Palladium:

• Palladium Canadian Maple Leaf

This coin has the image of Queen Elizabeth the second on the front side and the Canadian national symbol on the other side. The coin is made with 99.95% pure silver is considerable for investment due to its rising demand.

• 1 oz. Palladium Bar

This bar has a high rarity and its value is expected to rise with time. Investors can use it to stabilize their investment portfolios.

• 10 oz. Palladium Bar

The 10 oz. bar has a purity of 0.9995 and its popularity has increased in all regions of the world.