Silver Bullion Bars - 5 Reasons To Buy Now Silver bar bullion investment is smart because silver has a surprising variety of uses that make it extremely valuable. It has unique properties, is amazingly versatile and in great demand. Some silver uses include: in industry with the highest electrical conductivity of any element, silver is used in electrical contacts especially in internet technology, and it has the highest thermal conductivity of any metal, even over copper; as a precious metal to make ornaments, jewelry, high-value tableware, cutlery, and currency coins; its compounds are used in photographic film, disinfectants and microbiocides; in dentistry, silver can be alloyed with mercury, tin and other metals to make amalgams for dental fillings; it has medicinal properties - indeed, silver has a toxic effect on some bacteria, viruses, algae and fungi; various colloidal silver compounds compose homeopathic solutions and are sold as remedies for numerous health conditions. As a result, silver is a commodity that is in enormous demand and yet supplies on the planet are limited. In fact, supplies of available silver have dropped by 86% in the past two years. Furthermore, interestingly, silver prices have been moving faster than gold - up 56% in 2009. Some experts say silver is currently about 70% below its all-time high so if you buy silver bars you will be a wise investor. There are five major reasons to buy silver bars: 1. The Global Financial Crisis - according to a recent Bloomberg poll, forty-two percent of investors now believe the world economy is deteriorating, double the 21 percent who thought so in January. The policy of printing paper money in order to provide Stimulus Packages, results in debasement of its value. 2. The progress of China's ascent as a world power - many experts believe China will replace the U.S. As the world's largest economy within 20 years. Further, their policy banning its citizens from owning precious metals has been lifted because they recognize, like India, the value of protecting savings. 3. Volatility in European markets: PIGS countries - Portugal, Italy, Ireland, Greece and Spain and now Hungry, are showing cracks in their economic strength. Soaring deficits in Greece have stirred fears of a government default and this has reverberated in Europe. 4. Inflation: Rising prices are primarily due to loss of value in the dollar. Some experts predict major hyperinflation to occur by the end of 2011 - the same situation that occurred in Zimbabwe is possibly looming. 5. Rising Unemployment: job losses have hit their highest ever all across the globe. In the US alone, the number of Americans receiving food stamps reached 39.68 million in February 2010, and increasing at 20,000 people a day. Sadly, recipients must have at least near-poverty incomes to qualify for benefits. Silver, a precious metal with intrinsic value, is real money because over time it maintains its value, protects your savings and provides you with a valuable medium of exchange. Right now, due to its versatile industrial, ornamental and medical usages, investing in silver bullion bars is likely to be a
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