What is the best way to invest in silver?

Holding physical silver, whether in the form of coins or ingots, is a psychologically and emotionally satisfying way to invest in silver. Some of the best silver mining stocks are First Majestic Silver Corp (AG), Pan American Silver Corp (PAAS) and MAG Silver Corp. The clearest way to invest in silver is to go out and buy the physical metal. Silver bullion is available in coin and ingot form, and most coin and precious metal dealers offer silver ingots in various sizes and formats.

You can usually find coins and ingots as small as an ounce, or large ingots up to 1,000 ounces. There are two popular ways to invest in silver. The first is through the purchase of products derived from ingots, such as ingots, ingot coins and silver notes. In general, the best way to invest in silver is through ETFs or ETNs, not mutual funds.

Most people who invest in silver want to expose themselves to the price of silver instead of the shares of companies that are engaged in the extraction and manufacture of silver. ETFs and ETNs usually track the price of silver, but most precious metal mutual funds don't.