Posts Tagged ‘Silver’
Why Silver Jewelry is Fast Becoming a Better Investment Than Gold Jewelry
The historic price ratio of silver to gold shows that about 10 ounces of silver would buy one ounce of gold, a 10:1 ratio. Recently, the ratio is about a 50:1 ratio (with silver at $20/oz., and gold at $1000/oz.) As the silver to gold ratio returns to historic values, from 50:1 to 10:1, you may make over 5 times more money investing in silver, than gold!
More than all of the silver produced by the mines each year is consumed by industry, which leaves little to no room for substantial investment demand. A marginal increase in investment demand will drive prices sky high.
Most silver is produced as a by-product of mining gold, copper, zinc, or lead. Higher silver prices might not substantially increase the amount of silver mined each year. Consider, in 1980, when silver prices went up to $50/oz., less silver was mined than in 1979.
So watts this mean to the jewelry sector ?.Simple a huge increase in the cost of silver jewelry and with that will come a bigger demand by the general public.
How to Get Started Making Silver and Gold Jewelry for Profit or Fun.
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Jewelry making has long been an art form passed on from father to son, all the way back to ancient times; people have adorned themselves in Silver, Gold, and Gemstone Jewelry,
African tribes, the Native American Indian tribes and numerous ethnic tribes have used Bone carved pendants, Animal Ivory, Bird feathers and Seashells, to fashion accessories to use as jewelry.
Today we give our Jewelry titles ,such as Ethnic Jewelry ,Tribal Jewelry ,Antique Jewelry, Fashion Jewelry and so on .In this article we are going to Talk about Designer Hand made jewelry ,How to make it either for fun or for those really keen students how to do it and make money from your hobby .
Right lets get going .You have two options to start with, you can either buy raw silver from your local distributor, or find a Jewelry Manufacture that will supply you with the materials, there is a choice between 925 or 985 in the grade of silver you buy, I prefer to work in Fine silver 985, but you may find this a little difficult to buy. For the purpose of this article we are going to choose the second option and buy our material from a reputable Jewelry Manufacture and we are going to start with making a simple Sterling silver 925 pendant with a Turquoise cabochon Gemstone.