Buy silver bullion

So, you want to buy silver bullion? Wise choice.This is why.

US Mint: Record sales for gold, silver bullion in May

Published on: May 25, 2010 at 19:45

“WASHINGTON (Commodity Online) Gold and silver bullion sales at the United States Mint have reached record levels in May 2010. With about a week left to go, more than 200,000 ounces of gold and more than 3 million ounces of silver have already been sold to the Mint`s authorized purchaser network, Coinupdate.com reported.

Authorized purchasers are able to buy bullion coins directly from the United States Mint. They subsequently resell the coins to other coin dealers, bullion dealers, or the public, and facilitate a two-way market for the coins.

The pace of silver bullion coin sales has also picked up this month, although sales have been strong all year. For the month to date, the Mint has sold 3,040,500 of the one ounce American Silver Eagles. This marks the third time during 2010 that monthly silver bullion sales have exceeded 3 million ounces. In January when the first 2010-dated Silver Eagles were offered, total monthly sales reached 3,592,500. In March, 3,381,000 ounces of silver were sold.

The record for highest monthly Silver Eagle bullion coin sales took place back in December 1986 when 3,696,000 ounces were sold. This was the first full month that the silver bullion coins were available for sale.”

In addition, China, with one-third of the world’s population, is quickly developing an insatiable demand for silver bullion.

Taking physical delivery of silver bullion is one of the only true ways of protecting one’s wealth from the ravages of monetary devaluation (referred to as “inflation”).

Just about every other form of investment, today, is a losing proposition. Factor in the falling value of paper money: cash, bank balances, shares, stocks, bonds and even real estate all lose value. Precious metals do not.

Look at the average return in the Dow Jones over 20 years.

Compare it to the return in silver bullion over the same period.

NO BRAINER!

So, buy silver bullion today. It’s a win/win.

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