Visualizing Silver As An Investment

Tyler Durden's picture

Silver is like gold in many ways; both are precious metals with long histories as currencies. They are malleable, lustrous, ductile, resilient, and rare. However, as Visual Capitalist illustrates in this spectacular infographic, silver investors should be aware of the three main differences between silver and gold. From silver's relative volatility and correlation to industrial demand, track record, diversification benefits, and the three ways to get exposure to silver, this colossal image provides everything you need to know in one place.

Click image for massive (legible version).


Source: Visual Capitalist

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Room 101's picture

And I would have called you crazy a year ago if you said that .22LR ammo would be fetching upwards of .10/round. That's IF you can find it. 

unrulian's picture

you must be my local coin dealer he says that everytime i see him...for the last 3 yrs

MeelionDollerBogus's picture to to (not updated but it's a 2.72x slope right now) - 2400 gold & 75/oz silver in Sep. This is right at the peak, however, of the 52-week ROC so some combined analysis of the 52 & 277 week ROC at that time will be needed to determine if we're seeing a rise to 100 silver & beyond 2400 gold, or if it's time to go sideways again as is the pattern after the sharp rise from 277 weeks prior (one pattern) and 52-weeks ago (sawtooth-wave pattern, )

The Aviator's picture

notice how the infographic touts ETFs as an acceptible vehicle for investing in silver?  better be sprott's pslv. 

maybe visual capitalist can do an infographic on ase sales and mint shutdowns. 

apmex is out of eagles and selling for $4-$6 over spot now:


provident's out till jan 23rd:


tulving is sold out:

sdbullion has under 500 left:

gainesville appears to be the only retailer with stock on hand...but they're $4.45 and up!

jonjon831983's picture

APMEX showing about +2000 ASE's unsold from previous years, premium is a different matter.  Will have to see how fast the 2013 stock will sell out on Jan 31st.

2012's are empty.


2013 ASE 20 tube: 955

2013 ASE-SF 20 tube: 697 = 13940 ASE

2013 ASE 500 Monster Box: 28 = 14000 ASE

2012 ASE: Out of Stock

2011 ASE: 847

2010 ASE: 567

2009: 431

2008: 731

2007: 93

2006: 44

2005: 190

2005 20 tube: 17 = 340

2004: 495

2004 20 tube: 10 = 200

2003: 53

2002: 58

2001: 237

2000: 208

1999: 181

1998: Out

1997: Out

1996: 210

1995: 199

1994: 87

1993: 1

1992: 276

1991: 285

1990: 96

1989: 4

1988: 35

1987: 192

1986: 205

Tango in the Blight's picture

I'm gonna give my nephew a 1945 Walking Liberty silver half dollar for his 12th birthday.

Will it be worth more than his iPod Touch in 5 years?

Non Passaran's picture

It depends.

iPod may help him generate value (eg with it he may listen to audio books and learn more than the coin's worth).

francis_sawyer's picture

iPod Touch will be worth ZERO in 5 years [cept for the grams of silver that can be melted out of it], so yeah, you're prolly right...

in4mayshun's picture

No. After the global currency meltdown, i-devices will be the new currency due to their ubiquitous nature and international recognition.

espirit's picture

If you can afford the batteries.

Cast Iron Skillet's picture

doubt it. They need a working telecom & power infrastructure to be of any use.

Hangfire's picture

All of my Nieces and Nephews get silver eagles for Christmas and graduation events (birthdays they get toys or knives or bow and arrow sets...the fun stuff).  The older ones now have stacks 25 high and the younger ones are getting there.  My hope is that they will eventually investigate for themselves why their weird uncle keeps feeding the stack.   

NOTfromSanFrancisco's picture


I used to buy silver eagles for friends and family for Christmas, birthdays, etc. Now at $35 a pop, I can't afford to do that. I can only hope I was able to prime the pump with some of these folks as I explained why I was giving them the Eagles as gifts...

francis_sawyer's picture

So I take it that everyones RELATIVES are in to boating?

RafterManFMJ's picture

More likely they will turn 'weird Uncle' into the Stasi where he will be beaten.

Tango in the Blight's picture

I'm somewhat fearful of that but I believe that the US is currently more adept at the tyranny game than the EU. At least torture and execution is out of the picture over here and you have to mass murder a few people to get 25 To Life.

Hangfire's picture

I'm not worried about that yet, most of them are still worried about zombies and being that I'm the only one in the family with offensive capabilities (or defensive for that matter) they are still firmly under my wing.   We'll just have to see what the California University system will do to them, though I have faith as one of the older ones (from Lib family) showed a lot of interest in Ron Paul this last go around.   

Harbanger's picture

Your being and actions has a bigger influence on their development than you can ever imagine.  Circumstance allowed my grandfather to raise me during part of my childhood.  I can't find words to describe my love and appreciation for him.  God rest his soul.

Tango in the Blight's picture

I'm beginning with the .36 oz half dollar (which costed me 12.50 euro's at a coin shop). Don't want to give 1 oz coins only to see him trade them in for fiat to buy sweets or chink crap. If I get him and/or the other nephews interested I may give them more silver.

Ness.'s picture

Last year I bought my twin nephews each a roll of American Eagles and got lambasted by my Family.  I, as I always do, explained why their 'crazy' uncle bought them PM's instead of another worthless new North Face jacket.  

This year I bought them Kindle Fire HD tablets.


After dinner, both of my nephews asked why I didn't buy them silver this year.  


Baby steps.

Tango in the Blight's picture

So next year it's silver again, I guess. Wish I had an uncle like you when I was young. I did get a Dutch 10 Guilder gold coin from my grandma when I was a kid but foolishly traded it for cash in 2006 when I was scrapped for cash. It did serve its purpose, I have much more bullion than I had back then now. Only thing is that I lost it when I was sailing over the Mariana Trench. Damn those Pacific storms! Maybe James Cameron will retrieve it for me when I ask nicely..

mick_richfield's picture


  Will it be worth more than his iPod Touch in 5 years?

It's worth more than that now. 

It just costs less.

TheGardener's picture

Backfired on me, they got used on those coins doubling up
in value and accepted them rather grudgingly thereafter until telling me they want real presents instead last Christmas. Aaand ... they LOST the stack they had accumulated all those years...

Same with AR type things I kept in stock for family members,
friends and multiplies thereof in imaginary quantities if need be . Ridding myself of those, despite the boom they
only net less than half in gold as what they were purchased

Atomizer's picture

If we can just interconnect globally, the FUND membership revenues will collectively restore all failing international economies. /sarc


Comments received on the consultative report "Recovery and resolution of financial market infrastructures"

infinity8's picture

Already there, bitchez.

PUD's picture

I have to correct you, silver is not an investment it is a bet. An investment is the exchange of capital to another for a potentially productive venture. 

I "invest" in my education because it will provide a greater return through a more productive job

I "invest" in my cousins pizza shop because the extra seating and oven will provide for a material return over time

I buy an oz of silver because I hope/believe that someone will pay me more for it in the future or that the government will devalue the currency.

There is an important distinction here. The word "investing" and "investor" are thrown around way to easily these days.

One does not "invest" in credit default swaps...they bet

One does not "invest" in options or derivatives...they bet

One does not "invest" by buying a share of stock from another individual...he bets that someone will pay him more for it in the future

Trading is not investing. Pair trades and iron condors are not "investing" 

Orange juice futures are not "investments"

The e-mini is not an "investment" vehicle it is a betting device 

A scratch ticket is not an "investment" nor is a chip on red at the casino

I wish people would insist on honesty of language as this mythology of "investing" perpetrated on the general public as an alternative to savings and genuine investment is a very large part of the problem

Racer's picture

And also the way the governments steal from you by making you 'invest' in pensions that 'invest' in the stock 'markets' that give you little real return in the end because of the skimming off of profits by the 'managers' of said funds and by inflation caused by said governments and banksters

PUD's picture

Go to cnbc or any of the other propaganda sites and note how many articles have a similarity to "how to trade apples earnings" or "fast money" or the guy who honks horns and screams advice to idiots who call in. The entire financial fraud community has made it priority #1 to encourage the churning of money. When did trading currencies from your living room in your underwear get classified as "investing"? How can anyone call trading corn futures "investing" or for that matter food stuffs as an "investment" class? It is perverted. It's a concerted effort to turn a nation of workers into a nation of speculators and gamblers for the sole purpose of fee generation. When you had to put down $500 in commission on a stock buy instead of $1.99 people gave careful consideration to their purchase. Now you can open an account and get 100 "free" trades...more enticement to be a gambler and rapid mover of money. This is why I am so adamant about clarity in word usage and why I am so outraged at a system that spawns this kind of degenerate behaviors. A nation of speculators and bettors is a nation not long for this world

BigDuke6's picture

i like your point alot.

And how people like to gamble.

We Aussies are NUTS on it.

The Chinese bananas.

I've been to Vegas - it looked busy.

Gambling made easier and easier.

With the dice stacked more and more out of your favour.

Reminds me of those roulette wheels in the westerns where the ball would be popped out of the winning slot.

TPTB know the ordinary mans weaknesses

When i look around the world my kids will inherit i see that ANY weakness is ruthlessly exploited.

Its getting tougher out there.

Cathartes Aura's picture

. . . and the greatest weakness is the one taught by your culture, the story of who you are, and what your "worth" is.

the "weakness" is a learned group behaviour - humans aren't born worshiping the game(s), they learn to spin the wheels, they learn what to desire for group approvals. . .

which is why it's a good idea to keep them away from the massive cultural institutions that train obedient. . . consumers.

I know, you know, they know.  *taps nose*


BigDuke6's picture

When i was a kid i loved -the river- by springsteen and the line that really got to me was'

í come from down in the valley, where mr when your young, they bring you up to do just what your daddy done...'

it seemed so sad

i haven't thought of that for a long time.

i'm going to think on your weakness thoughts and give you a worthy response.


geekgrrl's picture

Thanks for this post CA. Great stuff...

BigDuke6's picture


the lure of the farm.

but being nice to the cows.

Cathartes Aura's picture



Trust Yourself,

then you will Know how

to live.

~ Goethe

(someone posted this here recently, I wrote it down because it's so true, and I could use the nudge to remember it, daily)

BigDuke6's picture

'This above all: to thine own self be true'

Goethe was a big fan of shakespeare...

How to live... isnt that the big question?

i've made most of the big decisions now in my life. 

i moved country from scotland to australia for several reasons, but i wanted away from britains stifling class system and culture of dependancy.  the weather is better now. Brill.

as one of the posters below says - i am in a lucky position - i know it because i maneuvred it so.

while i've got a lot of small things wrong i' think i've got the big stuff right.

i think i'm a good judge of character and a loyal friend.

i could bore you with more.

how do you live?  

ps my little tip for peace.... if ever things are going a bit crazy and frustration is creeping in...

just start humming the 'benny hill' theme

in case you're thing wtf is benny hill.\

it makes me smile when things are totally NUTS.

Cathartes Aura's picture

fukin'ell, yer a SCOTSMON!!

I must have missed that confession somewhere, and in case you've also missed mine, I spent my formative (in that the time in-formed "me") years in that amazing land, it's never left me, even though I eventually chose to leave the UK, many the reasons. . .

yes, your tribe is prone to wandering off, as are the Aussies you traded spaces with. . . sometimes I regret not jumping ship for New Zealand (Scotland down Under I've been told, landscapes at least), but mostly I just acknowledge I can't be everywhere in this life(time).

people need to travel more, and I'm not talking "vacations" where they just drink, shop, sunbath, and drink some more - I like how the Aussies/NZ'rs saved for a two-year working holiday, or they used to, back when I ran into them all the time, in Europe, UK, etc. - Commonwealth (lol, very descriptive, eh) passport kind of thing with regards legal working pass. . .

particularly amrkns, many of whom don't even have a passport  *jaw drop* - taking the time to see other countries and how people live in differing environs is such an important part of informing oneself first-hand, not via some one else's opinions, but direct experience, over time. . . 'course, would be harder to get 'em militarised, etc. afterwards. . .

how do I live?  lightly, slowly, with intent.  I've spent most of my time as a gypsy, with time settled in occasionally. . . royalties earned, eke'd out over time, occasional work-gigs for fiats, never long tho' - I'm mostly settling down now, as the global situation isn't as appealing as it once was, possibly another decamp if things get too edgy, but I like the environment I'm cultivating of late, and I like adding to the flock, fields, growing stuffs, etc.

but sure, a good puff of wind could set this dandelion floating again, y'never know!

and you?  if you ever feel up to sharing.

this was playing while I typed, wean yersel' off teh bennies lad! (jk jk, truly)

thanks for the reply, pure dead brilliant!   take care big yun




BigDuke6's picture

Heh, i was a scot but i've never mentioned it here.  i dont get dewy eyed about the place although i'll always love it.

and i help the economy there by sipping a scotch most weekends and mentioning it in about half my posts on ZH.

doing my bit..

you are so right about travelling - my aussie friends have all travelled - it opens the mind.  i cant think of a 'new' friend out here that hasn't travelled well 

when i meet aussies who haven't travelled, there is a disinterest that can hold you back and i'd guess the USA embodies that.

most of my ancestors were in the military - its how the scots travelled and saw the world long ago - and maybe that got the wanderlust out of them

you're going to see some amazing times over there ,

i was thinking about the 'farming of humans' clip - there is something else 

when i was growing up 'a job in service' was the only job worth having.

To serve your fellow man or woman was the noble ideal.

these ideals are eroded now but they can live and be aspired to.

the chase of the dollar and rat race undermine it and it can be a tool to take advantage of the naive... but if we are to move on from the sticky porridge we are in just now then it may need to be ...cherished again.

Have you cultivation?  its so true that something you grow yourself tastes better and i remember a great comment on ZH once

'in the future growing your own food will be seen as rebellious..'  makes me want to do it more.

i harbour fantasies of having an avocado plantation (dont laugh) - australia has this gorgeous area in northern NSW called Byronshire.  its lush , warm and has a little place called Nimbin.  its incredible as it was founded by hippies and is very alternative, i used to visit a lot... nice cookies and coffee. :o  nowhere like that in scotland!

maybe one day but for now my life is intense.

high impact but fulfilling and in service i suppose, i'm doing what i love and i feel lucky that i fell into it.

i'm actually a lazy person who fell into a busy lifestyle and family demons and work ethics (and ego) keep me going.

you live with intent... now i will think on that.

you take care too CA



Cathartes Aura's picture

I'm not sure where the days between your post and this one went - lol - but I really wanted to make a quick reply anyhow. . .

Nimbin!!  I'd heard it mentioned before, as I tend towards similar places wherever I travel - so I did a quick search, and oooh my, that would be a longstay choice were I to land downunder!  while I'm not so "hippy" -ish, having had that beat outta me by my scots-friends back in the day, oh the mocking I took! - I still favour the live-n-let live types who tend towards creative dwelling spaces, and mellow hangs (cookies 'n' coffee, etc.). . . I was going to mention permaculture to you, since Bill Mollison is "local" in your environs, and he's been a longtime inspiration to my way of being in the world, albeit the time it took to extricate myself from major cities was lengthy.  amazing what age does to one's desire to be constantly surrounded by activity/stimulations.  did you ever make it to Findhorn on the east coast of Scotland?  bit more lala than I normally am drawn to, but yet another interesting space in the world. . .

anyhow, I won't go on as I usually do - just wanted to send back a smile at some synchronous thoughts, and encourage you to make plans for that avocado plantation - they're a wonderful food, and the trees can be bountiful - I grew up where folks had them in yards, and would share them by the paper bag full, was horrified at how spendy they were in the UK, ha!  make plans, even while you work hard at serving what you love - any eventual "retirement" should include growing things, most contemplative ^^  I'm with you on the service idea - I include peoples, but I'm most drawn to the land/animals, co-existence with respect, radiates outward.  (and yes, I can lose perspective, it's good to be re-minded, drop out of the anger-pose, which I tend towards even though I know it's a loss)

a toast!   Mair frien's, and less need o them!



BigDuke6's picture

Nimbin was my most visited place when I arrived in oz 15yrs ago.
I liked it for the vibe and my record of scoring bushbuds with one foot out of the landcruiser.
The good times couldn't last and nimbin got invaded with heroin but the last time I was there , maybe 3 years ago, it was rebalancing and it was less seedy. Families were back and it felt good.
Hey anyways this is a relaxing chat with no timeframes.
If we gasbag too much the chat will end up a thin one word line anyway..

Ps. If you are looking for a business idea you could combine a few interests into hydroponics... I have an associate who is making a stack with the added bonus of being given interesting 'things' in return for equipment
I bore people with my nutty ideas because I'm a frustrated farmer....

Ayn NY's picture


You are in such a better position than most of us. You're on an island with tons of resources and a pretty small population that can "right the ship" When you see the rest of the world going to hell. You are sitting pretty in my opinion. Feel lucky.

Sean7k's picture

Well, since you want to be so anal about it, buying silver is savings. Savings are the basis of investment or capital. Choosing to hold your savings in an exchange mechanism that  never loses value because of currency debasement is a good investment for your ability to invest in the future.

machineh's picture

From the infographic:

'Silver is more volatile than gold, but for the strong-willed investor, this presents an opportunity to buy low and sell high.'

... or to buy high and sell low, as the case often may be.

Basic portfolio theory says that the best investments offer the highest return for the least risk. If gold and silver produce similar long-run returns, then gold is the better choice because it is much less volatile than silver (as the infographic clearly shows).

In other words, gold has a superior Sharpe ratio compared to silver. In terms of risk-adjusted return, gold absolutely and comprehensively kicks silver's scrawny ass.

akak's picture

Volatility is unequivocally not the same as risk.

An asset can be both relatively non-volatile and yet high risk (*cough*, equities, *cough*), or conversely highly volatile AND low risk (silver).  Where does the idiotic idea come from that volatility = risk?  Risk pertains to the final destination or outcome (one's ultimate profits), while volatility pertains to the journey to that destination or outcome.  How does it logically make sense to automatically equate the one with the other?

I would not trust the advice of anyone who can make such a fundamental error in logic.

stacking12321's picture

i have to correct you, as well.

silver is neither an investment nor a bet -  it, like gold, is money.

and it is a far superior vehicle of savings than fiat paper money, as it cannot be indiscriminantly printed, and does not carry counterparty risk.


MeelionDollerBogus's picture

Silver is NOT a bet. Silver is guaranteed not to rot, despite tarnish, guaranteed to be useful as an anti-biotic, no matter the evolving super-bugs, guaranteed to remain ductile, malleable & conductive and highly reflective, all useful properties and silver is guaranteed to be barter money as it has in all history where available and I've already done this myself.

There's no betting there. My only uncertainty is the entry-price in work-hours as translated via the uncertain medium known as fiat currency.

BlackMagician's picture

You call it a bet...I call it SAVINGS. Savings in honest money.