If you want a live silver price chart feed then scroll down and click on one of the icons below the paragraphs. But why do you need a daily silver price chart when you can adopt our unique and proprietary program called the Precious Metals Best Price Averaging System™. Using this investment program you do not need any kind of live silver price chart feeds since you will be building a real foundation of silver wealth and getting an average price for your silver by using our system over many years. You are doing this so that you will have real wealth in your old age. Please read about our system in depth on the home page. Also, please use both of the online silver companies featured below with our unique and award winning system.
But if you want these silver price read outs for sporadic purchases or for trading then live silver price chart feeds are readily available through the Internet, and even through text services on TV. This has opened up a whole new world of opportunity for anyone wanting to trade the financial markets and take advantage of one of the longest established trends in history. It has been established for a very long time that the prices of precious metals move in the opposite direction from the major financial markets, especially when those markets are in trouble and falling. This is what is happening right now, and the trend is still there to be exploited.
You can obviously take advantage of this trend by buying gold or silver and physically holding them. This is the strategy which will give you the greatest degree of safety in the case of a serious financial meltdown, but this strategy may come at a price. If you do not mind letting others know you have silver then you may need to invest in insurance, but you will certainly need to allocate a safe area of your home for storage. One great advantage of this home storage strategy in the case of silver is that it gives you built in protection against short term volatility because you can not easily sell the silver if the market temporarily spooks you. If your silver holdings are on a computer screen it is all to easy to hit the sell button when the markets start gyrating.
This strategy only has limited potential if you are looking to exploit the rise in the value of silver, but it will give you a solid base to work from. One possibility is to buy silver at below market value, by finding highly motivated sellers who are looking to raise some money very quickly, and then if you have purchased a lot more than you need to keep, you can sell enough to recover the money you have invested, and then keep the rest that is left over. This effectively makes it free silver, and all you have to do is wait for the market to increase your profit before you sell. But not everyone wants to move that much silver from place to place since large purchases are so heavy and cumbersome to deal with.
But the strategy of purchasing silver yourself from private parties has its risks because you may end up buying fake silver which would be catastrophic for your investment portfolio. The risk also increases as the market reaches maturity because the potential for a reverse in prices becomes even greater. If you want to maximize your potential for gain while still keeping the risk to a minimum, you need to look to the derivative markets and especially trading covered call silver options.
You can use a live silver price chart if you trade futures or options. Futures gives you a great potential for gain if you know what you are doing, but it also gives you an unequaled potential for loss. Options are safer because you can only lose the value of each trade amount that you make. If you are able to develop a long term strategy which will allow you to ride out the inevitable short term downward movements, you can take advantage of the long term upward trend. Modern Internet technology brings real time prices right into your home, giving you the same opportunity as a professional trader so you can exploit the movement of silver prices.