Investors have taken a big interest in silver investment in the recent months following the somewhat crash of the Gold price which has left many investors with a sour taste in their mouth, which all means that silver will not be gold’s ugly brother for much longer.
Silver has grown by over 85% in the past four years as many investors are seeing the glimmering opportunity that has been put forward by the silver industry.
Although the major increase in silver price and demand, the metal itself is still grossly undervalued.
Which leaves many investment companies such as Physical Gold seeing an increase in investors being interested in Silver.
This of course leaves for an excellent investment opportunity for investors a like, as of course, the price and demand can only rise if it follows the trend of the recent years.
Unlike Gold, where the price and demand for the metal only seems to rise in times of economic downturn, silver prices and demand does well in times of economic upturns.
This means that silver is a good investment choice for securing your wealth in economic downturns, but you also do not have to worry when the economy is going really well.
Get more for your money with Silver
Currently on average, 1 oz of gold accounts for 55 oz’s of silver.
This means when purchasing silver over gold, you will get a lot more for your money which means you will be in possession of more silver.
Therefore, when the silver prices increase, you will be much more better off!
Silver is more industrial than gold
Gold is a metal which is cherished for hoarder value mostly and although it does have some industrial use, it does not when it comes around to Silver.
Silver is used more predominantly within industry and medicine than Gold is which means it is a great choice for investment.
Industry and medical advances only go one way – up.
This means that the demand for silver will only increase, and coupled with the limited mining for Silver in the world, this will push prices for silver up too.
This is also coupled with the rarity of silver – approximately, there is 150 million ounces of silver within the Earth versus 4000 million ounces of gold.
Silver is so useful today and in the future
One of silver’s uses in industry is the production of green energy.
One of the main forms is within solar panels, which turn the sun’s energy into energy for your home without having to use power plants which harm the environment.
The green environment industry is set to rocket in the up and coming years, with many of the world’s leaders seeing the importance in the environment and therefore implementing green energy strategies.
Technology is another use for silver, and as we all know, technology can only get more and more advanced and the production of technology increase – as we have already seen, robots and computers are not taking over humans in the production line as well as many other job sectors.