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Silver futures prices are up substantially from 2009 – by nearly 50%, and this is despite the dollar rebound of December, 2009. While all precious metals took a hit on the market, silver, being ever-resilient, has quickly recovered. Silver prices bounced back to a more positive position at the outset of 2010. In fact, silver still continues to climb: Silver futures prices are up 16% since last month, February, 2010, and are now selling at $17 an ounce. This has allowed analysts, who’ve long been optimistic about the investment opportunities that silver presents, to maintain their enthusiasm, further urging people to continue to buy silver futures.

Why Buy Silver Futures?

The reason so many experts feel so strongly about silver is its high global demand. A precious metal is comparatively rare to begin with, and with silver, you’re looking at metal that’s especially scarce and virtually depleted. It’s estimated that only about 5% of the global silver supply remains. So rare is silver at this point, that stocks are what make up a big bulk of its remaining supply. This is why so many see silver investments as an outstanding opportunity, and why you should weigh the option to buy silver futures.

• Common Silver Uses

In addition to being used for fine jewelry, silver is often utilized by investors. Those who foresee the collapse of the American dollar and resolve to take measures to protect themselves in the wake of financial fallout look to investing in commodities for sanctuary. As silver futures prices remain relatively low at this point, and the outlook for silver appears to be so bright, analysts are encouraging investors everywhere to buy silver futures.

• Industrial Silver Uses

Silver is the most heat-resistant and most conductive to electricity of all the metals, and for this reason, nations all over the world have put silver into heavy industrial use. Silver can be found in electronics, light bulbs, silverware, and water purification units, to list some examples. What’s more, new uses for silver are being discovered every year, further increasing usage and demand.

• Emerging Technological Silver Uses

Silver has long been utilized as an anti-bacterial agent, and just as more industrial uses for this metal are continually discovered, doctors are finding new ways to apply silver to medicine. For an example, in recent years, silver bandages have even been introduced, and more new purposes for silver are still to be discovered.

A Sterling Opportunity

While silver futures prices are steadily rising, they’re still favorable for those who want to get into commodities investing. When you buy silver futures, you’re presented with a sterling opportunity in the wake of impending supply shortage and the coming collapse of the dollar. When either situation occurs, you’ll appreciate the feeling of having real money with real value in your possession.