Wednesday 21 August 2019

Reasons Why You Should Invest in Silver

There are several reasons to add silver to your investment profile - most important one is because the price will go up. Here are top reasons why everyone planning to make some investments should buy silver bullion.

It Is Real Money

Though silver is not part of any currency, it is still money and by real money we mean physical silver not certificates or future contracts or EFTs. Paper investments do not carry the similar benefits. If you hold physical silver, there is no counterparty risk as another party is not required to make contract or promise. This doesn’t go with bonds, stocks or any other virtual investment. Moreover there is no default risk on silver and it can be used as long term money.

It Is Hard Asset

In this digital trading, currency creation and paper profits world, physical silver is an exception and it is among few assets that can be carried in pocket anywhere round the world. is also a tangible hedge against all forms of hacking and cyber crime.


It Is Cheap

For the average investor silver is much more affordable and yet stands as a precious metal which helps in maintaining living standard as good as gold. Those who cannot afford to buy gold can opt for silver to hold some precious metals. 


It Is More Practical For Small Purchases

It is not just economical to buy silver bars or coins but it is more practical while to resell it. As it comes in smaller units than gold, it can be sold according to the need of the time. Also it is important to note that silver bars and coins can be sold anywhere virtually anywhere in the world.


Industrial Use of Silver Is Growing

Silver is used in almost all major industries including electronics, medical applications, solar panels and batteries. Whether you see it or not silver is everywhere. It is most electronically as well as thermally conductive and reflective. Due to these features, the number of industrial applications for silver has skyrocketed.


Global Demand Is Growing

World demand for silver is growing. Virtually all major government mints have seen record levels of sales with most already operating at peak production. Surging demand is nowhere more evident than India and China. These two giant markets have long histories of cultural affinity toward precious metals. And with their populations growing, their tremendous appetite will continue.

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