Silver Bars – A Cost-Effective Option for Large Investments
Silver bars, like gold, carry a certain allure over coins. Holding a ‘brick’ in your hand can be exciting considering the intrinsic value of the metals. Of course, who can forget those scenes in movies where a large stock of gold or silver bars is found?
Silver bars come in a variety of weights from different private mints throughout the world. Ranging in size from 1-ounce to 1-kilogram, there are many reasons why investors buy silver bars, including:
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Lower premium price than coins
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Uniform in size
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Hedge against inflation
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Belief gold/silver ratio will plunge from its current high of 50:1 to its historical average of 16:1
Besides these reasons, silver has many other industrial uses, many of which continue to see tremendous growth. Semi-conductors, computers, cell-phones and many other modern technologies have silver components, which is a great conductor of electricity.
Because of this increasing demand for both industrial applications and investors, silver supplies are extremely tight. Mine production and secondary recovery has been declining for over 20 years in fact.
Where can I buy silver bars?
Provident Metals has over 100 cumulative years’ experience helping investors buy precious metals, including silver bars. Whether for a gift or personal investment, silver bars make a valuable addition to any portfolio.
Besides buying and storing them yourself, you can also buy silver bars and place them in your self-directed Individual Retirement Account, or IRA. Take advantage of both the investment potential of silver AND the tax benefits of an IRA account all at the same time.
Provident Metals includes silver bars from some of the world’s most renowned private mints, including Johnson Matthey, Northwest Territorial Mint, SilverTowne and more. Silver bars are available in a variety of weights ranging from 1-ounce to 100-ounces and even 1-kilogram.
How do I buy silver bars?
Check out our main site for current prices and availability. Orders can be placed 24/7 through our secure online ordering system and will arrive on your doorstep in just days. Or if you would rather place an order by phone or have a question, please call (877) 429-8790 between 7:00 AM and 5:00 PM Central Standard Time to speak with one of our friendly representatives today.
