Investors probably know that the price of silver took a hit over the last few days. It went from $49 per ounce on down to less than $35 per ounce, at one point. For some, this signaled a time to start selling. They feared that they would lose too much of their investment if they kept it in silver. Of course, that isn’t going to happen. Silver is already starting to stabilize and climb up once again. For those who are now thinking about trying to buy silver bullion from Monex, now is a great time to do it.
What makes now such a good time to start buying? The obvious answer for most investors, old or new, is the price. The cost of silver per ounce is much lower than it was a few weeks ago and this means that the money you have for investing is going to be able to buy more silver right now. With the same amount of investment capital, you will be able to have more ounces of silver. When the price keeps climbing, you will be making more money on that investment. Now is a perfect time to buy silver bullion from Monex.
Of course, this isn’t the only reason that silver makes such a good investment right now. While the affordability for more investors is certainly important, you have to consider the other benefits. Silver remains a safe place to keep your wealth. The other available metals, such as gold, have this benefit as well. You don’t have to worry about inflation with metals. In fact, metals are the perfect hedge against inflation.
Silver bullion also happens to be very easy to keep. You don’t have to have your wealth stored in a repository somewhere if you don’t want to. You can keep it in a safety deposit box if you with. Better yet, you can keep it right in your home. When you have your investment close to you, it makes managing it that much easier.
You have quite a few choices when you buy silver bullion from Monex as well. You can choose to buy the popular silver bullion coins such as the American Eagle or the Canadian Maple Leaf. You could also choose to buy the silver bars, which are available in different sizes. Both of these are great investment opportunities, but you have to start buying before the prices do go back up.