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Mike asked in Business & FinanceInvesting · 4 years ago

What commodities are in demand for smalltime investors? What do people need?

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  • 4 years ago
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    Silver is your go-to as a beginner investor. Even if you pay retail for silver coins, they can be acquired easily for $19 each at current spot prices. Silver is a great investment for several core reasons:

    -It is widely recognized as a precious metal

    -It is used in a variety of industrial applications

    (Examples: batteries, dentistry, glass coatings, LED chips, medicine, nuclear reactors, photography, photovoltaic energy, RFID chips, semiconductors, touch screens, water purification)

    -It maintains value as a precious metal/GAINS value as a collectors piece (American Silver Eagle)

    -Silver 1 oz coins are the perfect denomination for trading/buying if the economy completely tanks

    You cannot go wrong purchasing silver. You want physical silver though, not silver certificates or stocks. Most other commodities require a minimum of tens of thousands of dollars to make them worthwhile investments, making silver the clear winner for you.

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