Hi,
In many cases, individual investors find the concept of spending money on a silver bar weighing 100 oz to be quite intimidating – literally and figuratively. It’s quite a substantial piece of metal, and one that you certainly wouldn’t mindlessly toss into your shopping cart without thinking about it. However, for the right person at the right time, 100 oz silver bars could end up being one of the smartest investments that you could have made.
So when is it worth going big?
When You Want the Lowest Cost Per Ounce
Another major benefit that 100 oz bars of silver possess is that of cost-effectiveness. Larger bars tend to come with one of the smallest premiums over spot price. You are essentially paying less for fabrication, packaging, and marketing costs.
A 100 oz bar purchase is the sensible choice if you are looking to buy as much silver as possible for a dollar.
When You’re Investing for the Long Term
100 oz silver bars are not the kind that people often buy on impulse; rather, they are suited for investors who are looking at the long-term picture of investing. If you find yourself owning silver as protection against the threat of inflation, devaluation of the currency, or uncertainties in the economy, 100 oz silver bars are definitely suited for the purpose.
These moves aren’t for quick trades. They’re for those who have the patience and the commitment.
When Storage Isn’t an Issue
Just a single bar of weight 100 oz is astonishingly small in size, though it is always a heavy piece of metal. It should be considerably easier to consider bigger bars once you’ve created a safe storage environment.
For those who have a concern about storage capacity or the ability to be transported, smaller sizes may be appropriate. For those able to handle it, the storage capacity of larger sizes, like a bar of 100 oz, is very efficient.
When You Want Simplicity
Some investors like simplicity rather than variety. It’s easier to deal with dozens of smaller bars or coins rather than several bars weighing 100 ounces. There is less to keep track of, and there’s no need to count them. It’s easy to determine their value using the spot price.
This is particularly attractive to veteran investors who not only know what they are looking for in their metals portfolio but also get just that with precious metal portfolio solutions.
When You Believe in Silver’s Long-Term Potential
The fact that silver is both a precious metal and an industrial metal means that it is still in continuous strong demand. Its increasing uses in solar cells, electronics, and green technology mean that its fundamentals are sound. If you think there’s further upside for silver, then holding it in bigger ingots can increase your exposure with lower premiums.
Final Thoughts
Purchasing a 100 oz silver bar may not be for every individual – and that is just fine. However, for those investment-minded individuals looking for value, efficiency, and effective, long-term wealth preservation, it may be one of the shrewdest decisions they make concerning silver. When the object is to maximize ounces and minimize premiums, bigger is indeed better.
