3 Reasons why silver is BETTER than gold investment wise.
Silver is a precious metal that the world has only so much of...And is a way undervalued precious metal. Here are the top 3 reasons why silver is BETTER than gold from an investment point of view.
image credit: google.com
(#1- Silver is undervalued mate.)
Silver is a hard asset that is way undervalued as of now. The world only has so much of silver and can only be cheap for so long. And the only reason why it's so cheap is because the central bank want to devalue the true money that it is and prevent it from rising up against the fiat. But there is a high chance that silver will skyrocket when the U.S. dollar crashes. So, right now is a good time to buy up some silver because if you don't, you will regret it in the future.
image credit: YO MOMMA!
(#2- Silver is actually used in everyday items.)
Silver is something that is used up and is used in everyday items that we need and use all the time. The computer you're reading this on has silver in it. Your phone does as well. It is used in way more things than gold. Silver, however, is consumed in photography, electronics, batteries, and other applications, and now resides, in tiny amounts, in landfills. So keep that in mind..We need it! Supply and demand.
image credit: google.com
(#3- An easier investment, for now.)
Silver is cheaper, per ounce, than gold. That means if the “average Joe” decides to invest in precious metals, it will be easier for him, for example, to buy an ounce of silver at $20 per ounce than it would be to buy an ounce of gold at $1,300 per ounce. But that is of course of today's standards. If silver goes up in price, it may not be an easier and cheaper investment anymore...So jump on the train before it's too late.
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silver has more uses than gold in real life world as simple as that.
This post received a 2.3% upvote from @randowhale thanks to @alex-icey! For more information, click here!
thanks mate
Silver price is also way more volatile than gold and its market way smaller.
Yes buddy.. I agree with you. Main thing is that silver is undervalued ; so we can purchase more for less money
Thanks for sharing and I agree, Silver is the most under valued asset in the world. The world is needing ever more silver due to its industrial properties whether that be in healthcare as a natural antibiotic or used in the solar panels that the world is now craving.
It has historically been thrown away as a waste metal due to the low prices, but this has to change and is changing and that is why China and Russia are buying these metals; they know the future because they are the future, so I'll do as they do. Stack, stack and more stacking.
Wow amazing..
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Booom! Silver is 37.00$ for now.