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Investing in Silver: Silver Has
Enduring Value
Enduring Value | Precious
Metal Status | Financial Planning
| Investment Options | Notes
and Disclaimers
Mankinds
timeless fascination with silver stretches back 6,000 years. As early as 700 B.C.,
the Mesopotamian merchants used silver as a form of exchange. Later, many other
civilizations also came to recognize the inherent value of silver as a trading
metal.
The ancient Greeks minted the drachma, which
contained 1/8th ounce of silver; and in Rome, the basic coin was the denarius,
weighing 1/7th ounce. And lets not forget the English shilling "sterling,"
originally denoting a specific weight of silver, which has come to mean excellence.
Today, millions of people throughout the
world recognize silvers intrinsic value and have made
it popular as an affordable investment. In the United States,
Individual Retirement Account (IRA) participants can invest
a portion of their investment portfolio in silver bullion
coins and silver bullion bars provided that they are of a
fineness equal to or exceeding 99.9 percent silver. Contact
your IRA plan administrator for further information.
This page explains how to use silver to diversify
your investments and hedge against inflation. It will also
introduce you to some of the most widely accepted silver investment
products.
Enduring Value | Precious
Metal Status | Financial Planning
| Investment Options | Notes
and Disclaimers
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