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Welcome to 1 oz Silver Ingots
 Buying 1 oz silver ingots can be a good investment and are not too expensive to purchase. There are several types of silver ingot bars available. From the small one troy ounce of silver up to 100 ounces or more. The 1 oz silver ingot bars that are 99.9 percent pure are easier to trade. Silver ingot bars are produced by many different mints and refiners. The larger silver ingot bars tend to be used more by jewelers and for industrial purposes. The smaller silver ingot bars are the most popular for investment and collectibles. Look for the size, weight and maker stamped on the side of each bar. Because of all the recent unrest in the world, silver ingot collecting has become more popular as a hedge against a downturn in the economy. Silver ingots are not as popular as silver coins. Be careful when buying small quantities of silver at a time because the shipping cost can outweigh the investment value. Ten and one hundred ounce bars are better for investment purposes. There should be much more care when purchasing ingots because they can be counterfeited more easily. Counterfeit bars may have holes drilled in the side with lead poured in. The holes are then covered up with silver making it almost impossible to tell them apart from a non counterfeit ingot. Always purchase ingot bars from a reputable dealer who can authenticate the bars as genuine. This will make it easier to resell them at a later date. Do your research before purchasing silver ingot or bars or just stick with officially minted coins. |
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| "Historically the price of gold has been around 16 times the price of silver. So, for example, based on the long-term historical average ratio, with the price of gold around $650, the price of silver should be around $40. It's not, of course. It's around $12.50. Today then, the silver ratio is more like 50. What explains the difference between hundreds of years of history and today? Simple – demand for silver as money. During periods of history when silver has been used as a currency, it has almost always been valued ~ 1/16th the price of gold. When silver has been "demonetized," supplies soar as people sell silver for gold and currency. On the other hand, during periods of monetary crisis, the price of silver tends to increase far more than the price of gold as demand for silver is once again created by monetary needs.This influences the silver to gold ratio heavily in silver's favor. For example, the ratio r eturned to its historic range (16) during World War I. It happened again in the early 1970s when Nixon abandoned the gold standard. It also happened most famously in 1979/1980 when gold briefly soared to $800 an ounce and it seemed as if America was really entering a severe money crisis. Silver is the best hedge against a money crisis because its price will increase many more times than gold, as the silver-to-gold ratio reverts to its historic average. Silver will once again be worth 1/16th the price of gold. It is now worth only about 1/48th. Given this perspective, I hope you see why silver's recent move from around $7 to around $12.50 is only the very early signs of a money crisis. " - Porter Stansberry |
| "There's around four billion ounces of gold above ground and around one billion ounces of silver. All that gold is worth 200 times the silver. Yet 150% of each year's silver mine production is necessary for vital industrial purposes. Most of the silver ever mined is used up and gone forever. There's been a silver shortfall every year for 20 years but the price has failed to reflect this, despite the fact that a shortfall is one of the most powerful influences in establishing a price." - James Cook |
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