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Is it a good investment to buy silver

is it a good investment to buy silver

Did not earn a penny in value. In fact, I dont have any savings accounts for them. It can be rightly said that for long-term investor, it is a good time to invest in silver. Silver lists among the most traded precious metals.

So, Is Silver A Good Investment?

By the time of writing this article, silver was trading at For thousands of years, silver has maintained a positive market demand as an investment, currency and store of value. This precious metal also features in the stocks exchange as a traded product. Silver price in the stock market is mostly based on speculation. Supply and demand are the main causes of silver price changes and thus when compared to gold, silver is rather volatile. Silver lists among the most traded precious metals. This commodity is a store of value, inveatment way to counter inflation hedge and an added advantage towards protecting against other financial and economic crises.

So, Is Silver A Good Investment?

is it a good investment to buy silver
With the continued devaluation of the dollar resulting in the rise of precious metals prices, I’m considering purchasing some silver to act as a hedge to preserve my own buying power. Is this a good investment? I would not be a buyer of silver or gold at this time. If you really think all the doomsayers are correct this time when they never have been before about Mad Max-type economic and social scenarios we’ve never, ever seen , forget stocks, but silver and gold will be of limited benefit. You are going to need enough guns, ammunition, food, water and fuel to get yourself and those closest to you through the crazy times.

How to Invest in Silver

But this is not the case with supply; production companies are therefore facing serious challenges as they try to satisfy growing market volumes. Finally, it is important to look at where analysts believe that the white metal is headed. Our results, at least since Januarysuggest YES. Silveer selecting company or companies above, you are giving consent to receive communication from those companies using the contact information you provide. Precious metals are chosen for ie purposes. Among all the precious metals, silver, by virtue of being more affordable, has been a preferred choice of masses for ornaments and bullion investment. The endgame outcome is certain, the path is uncertain. You silvsr make money and enjoy it in the process. Chris Duane, an investor and Investmejt figure, has said he puts his metal where his mouth is by liquidating his assets and putting the money into silver bullion ailver prices get low. One of the many benefits of using WallStreetSurvivor is that we subscribe to many stock picking newsletters and virtually trade all of their picks. Just look at the last 10 years of the value of bars and coins and you see that if there is any rise in value it is the rise of the sellers price and not that you could sell your silver for a profit. There is a good market, which offers fair price discovery and reasonable liquidity.

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