There is much talk of investing in gold, since for many years it was the basis of the economy. However the price of silver is another commodity that always goes up and never goes down, it is a good shelter to put your money and get performance. Silver is a precious mental considered assets of refuge, although in these cases, the important thing is to have the information in hand and know where to check the value of the metal and how to invest in it.
Here are the arguments you should consider if you are thinking of buying silver:
- Demand is higher and continues to grow
- Silver is sold at a relative discount in anticipation of higher profits;
- Industrial demand is growing;
- So far this year, this metal has had a better demand than gold.
- Silver reached its highest level so far in 2017. The price of silver advanced 1.20% to 17.67 dollars per ounce. In the year the silver presents a yield of 10.89 percent.
These arguments present a promising future for people who buy this precious metal. Also, today´s complex political situation in the United States and the rest of the world has caused the dollar to weaken against a basket of currencies. All these arguments, with an increase in industrial silver demand, make it more interesting investment than gold.
Visit the site: Filmygod
Silver ingots are made in different shapes and sizes. But as with most commodities, the larger the unit purchased the better.
The current monetary system lacks from a support beyond debt, which is why the bills and coins we carry in our pockets depreciate more or less rapidly depending on the currency. This money always tends towards its true value: zero.
In this way, the purchasing power of our income and savings, if they stagnate in currency, is doomed to be diluted.
That is why no serious investor who is concerned about the conservation of his assets must remain without this protection in real money, that is, gold and silver. The value of these will never become zero, so they constitute a kind of financial insurance: they cannot be disappeared by a stroke or erased from any balance sheet. They are private property in themselves.
Like any investment, it is convenient to buy silver when it is cheaper and no when it has been rising. Unfortunately, the experience, teaches us that most do the opposite, buying when the prices are high and then selling it when the quotes drop, which generates significant losses.
Buy Silver Bullion Brisbane: A promising future
There are many signs that indicate a promising future for silver, and the timing is everything.
Another argument in favor is the growing industrial demand for silver, which makes it likely to keep its price. A particularity of silver is that is used in the production of photovoltaic cells of solar panels. An increase in the sales of electronic devices, such as smartphones and tablets, will transform into a greater demand for silver in the coming years.
The price of silver is more volatile than the gold one, but it also has more growth. So if we are going to invest, it is very important to see the trend and have all the information about it. If the value goes down, do not despair because the price will rise again. It is as a long-term investment.
Read more about: 7starhd