Silver Bullion - What is paper
silver?
What is paper silver? Paper silver is not really silver; at least not
fundamentally. It is at best a promise of silver and not a good promise we should add, especially considering
that a conservative estimate indicates that for every 100 ounces of paper silver held there is only 1 ounce of
actual or physical silver available (at the time this was
written). In many cases where they provide a guarantee that the paper silver they are selling are backed by
physical silver, the guarantee is up to scratch if you dig a little bit deeper. This is especially true during
times of crisis, economically and otherwise. A guarantee is after all only as strong as the guarantor or entity
that provides the guarantee. Paper silver doesn’t have intrinsic value and will ultimately collapse like all
fiat currencies. Paper silver is the exact
opposite of physical silver. Paper silver is not limited and doesn’t need to be mined. Now we can go on and on,
but we are sure you get the idea: Paper silver is bad news. In fact, the bulk of paper silver is only for those
who want to chase paper profits! It is frown upon by the true silver investor and will for that reason not
be extensively entertained here on the Silver
Bullion website.
Invest in precious
metals today! Contact us for
details.
Physical Silver vs. Paper
Silver
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