It seems that the gold has cornered the entire spotlight in the investment arena.
Many people don't see silver as a money generating vehicle and instead think that it is a metal which is used in making the dinnerware and jewelry.
History however shows that silver has always been storage medium for the wealth since thousands of years and has been valued since time immemorial.
From Greeks to the Spaniards have used it for minting the coins.
In the US silver coins were in circulation till 1965 along with the silver certificates which were freely exchangeable in the silver coins.
Silver metal is also used widely in industrial and manufacturing sectors.
However, these days silver has gained the position of prime metal which is traded in all the financial markets.
With the development of the markets, the ETFs and futures have gained a larger impact.
Due to these developments, speculators have entered the markets and have started effecting the price movements.
From 2003 onwards, silver has been continuously looking upwards due to inadequate supplies and large demand from the investors.
In the same period the output from mines, new finds as well as supplies have remained stagnant and have infact declined.
This has also resulted in demand for the ETF and SLV of silver, which has resulted in new shares being issued by the custodian who then buys real silver for its coffers.
The present economic downturn has played a major role in the renewed demand for the silver as many investors buy it for the protection of their wealth and also for the appreciation of their capital.
All this has resulted in the increased price and demand for the silver.
This trend is going to continue as economy faces new challenges.
The current situation when the scrap silver has again gained value are all signs of buoyant situation of silver in the market.
The investment in the silver with result in the increased competition with the industrial sector for the metal.
The end result is obvious as the metal is already in the short supply.
As per the discussions above, it is obvious that apart form gold, the silver should also be prominently included in your portfolio to seeking protection of wealth as well as appreciation of capital.
In-depth analysis of all precious metals from the point of fundamental and technical basis now suggest that now is a great time to make investment in these metals.