Invest in Silver before the Next Boom: Silver is Cheap Right Now, Says Smith McKenna LLC
HOLLYWOOD, Fla., July 9, 2012 /PRNewswire-iReach/ — The current silver to gold ratio is hovering around 59oz. of silver to 1oz. of gold, which is far from normal. What happens when this occurs? Silver will naturally close the gap as it has done countless times throughout history. In 2011 the value ratio was approximately 20oz of silver to 1oz of gold; showing the extremely large gap that is present right now. If this happens, we could see silver experience a sudden or steady climb to $40 or even $50 an ounce before the close of Q4 2012; potentially outperforming gold by as much as three times.
The chance to own silver at its current price with its value ratio to gold will prove to be extremely rewarding for investors. Stephen M Smith who is the managing member at Smith McKenna, LLC says “Now is the perfect time to learn how to invest in silver. The price of silver is remarkably affordable right now, which means those who invest in silver now will be able to experience a higher potential wealth creation opportunity versus buying silver at its more traditional value ratio to gold.”
In order to help educate the public and investors alike,Smith McKenna is currently offering a FREE investing guide to a limited number of people. The book supplies years of investing knowledge in just a couple of hours. http://www.smithmckenna.com/investment-guide
Precious metal silver has ties as a precious and industrial metal. Silver is a necessity metal because it is demanded for products in electronics like cell phones, solar panels, and the medical industry which show no signs of a production slow-down. Silver has unique properties such as malleability, and withstanding high temperatures which make it a key resource for global manufacturing, as well as investing.
Smith has over two decades of experience and urges that having the right position and knowledge is crucial to being successful in the precious metals market. Part of that equation involves owning the physical asset itself versus derivatives, options, futures, and certificates. Another part is limiting the historically high costs associated with storing and the buying and selling of your silver investment. Smith McKenna offers the cheapest yet most secure investment out there; with no commission brokers, free insurance, and a mere 0.1% storage fee in licensed third party depositories. This yields a remarkably higher profit potential passed on to all investors.
With China’s demand and manufacturing projected to increase substantially, and Europe easing expected; silver will respond bullishly. The price of silver is in the mid $20s; meaning long term investors should be increasing their investments, while first time investors should be capitalizing on the current low barriers to entry. Investing in silver is an excellent way to diversify an investment portfolio.
For more information on physical silver and precious metal investments, visit their website:
Media Contact: Stephen Smith, Smith McKenna, LLC, 888-415-4909, firstname.lastname@example.org
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Smith McKenna, LLC