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Houston Gold Exchange
Many precious metals investors in Houston are not sure whether they should own a higher percentage of gold or silver or whether they should do a Houston gold exchange. Is gold or silver a better investment?
Houston Gold Exchange Great Idea
What most investors don’t know is that silver is by far a better investment than gold. Over the past ten years silver has outperformed gold handily. Additionally, silver is used in a vast quantity of industrial functions and its industrial demand has increased every year for over a decade. As if this is not enough, the historical gold to silver ratio has departed from its historic world history average of 12 to 1 and the US average of 16 to 1 and currently stands at 55 to 1. Finally, there is a massive above ground shortage of silver that will take years to remedy. The situation is so bad right now that there are 3 ounces of aboveground gold for every 1 ounce of aboveground silver. So clearly silver is the better investment, but should investors make a gold exchange in Houston?
Houston Gold Exchange Timing
Should investors exchange their gold for silver in Houston? If so, is there a better time to do it then others? The answer is yes. It is definitely a good idea for investor to exchange their gold for silver. Silver will most definitely outperform gold over the next 5 to 10 years and so transferring current investments in physical gold into physical silver is a very smart investment move. However, there are better times than others to exchange gold into silver. A great time for doing this was right after silver nearly reached $50 an ounce early in 2011. Silver fell over 30% to less than $33 an ounce. At the same time, gold fell from $1550 to $1475 or only 5%. In this case if an investor had traded gold into silver before the correction, they would have received approximately 32 ounces of silver for every 1oz of silver. However, if an investor waited until after the correction, they would have received approximately 45 ounces of silver for every 1oz of gold! This makes a huge difference in your return over the long-term.
Houston Gold Exchange Process
How easy is it to make a Houston gold exchange? The process is overall very simple. At Lone Star Bullion, we determine the value of your gold bullion and simply credit it toward your silver exchange. Some investors are concerned that they will lose money on the transaction based on commissions charged. However, this simply isn’t true. The commissions charged by Lone Star Bullion are very competitive and would be no different than if a person was considering a normal silver bullion purchase. In the end, making a gold and silver exchange in Houston is arguably the smartest investment move they can make in the current markets.
