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There’s more to precious metals than just
gold. Silver is a popular gateway into precious metals investing thanks to its
lower price point. You can buy 1 oz. silver coins for a fraction of the cost of
a gold coin.
Silver doesn’t tend to attract the same amount of attention as gold, but it can be just as useful as an investment tool. Many precious metal investors buy gold and silver coins or bars, and there’s a good reason for balancing your precious metals investment between the two.
The reason for this split is because silver often moves faster than gold, both up and down. Bull markets tighten the gold-silver ratio while bear markets expand it. The gold-silver ratio refers to how many ounces of silver it takes to buy one ounce of gold. Historically, the ratio has been steady at around 15, but today silver is extremely undervalued, with the ratio hovering around the 80s. Gold provides precious metals investors more security, while silver shows higher growth potential.
Investing in silver means putting your money into the physical ownership of silver, or the production or trading of silver. Silver is a commodity like lumber or oil, but precious metals tend to act a little differently than other commodities. While there is a high demand for silver for industrial and commercial purposes, going into electronics, jewelry, medicine, and other industries, much of its value is due to its status as an investment vehicle.
Silver prices are affected by industrial
demand, but like gold, tends to be driven more by investment market demand.
Since silver doesn’t pay dividends or interest (unless you lease it, but that’s
something only major banks can do), silver demand runs opposite to stock market
performance.
There are more ways than one that you can
add silver to your … Read More
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