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Investing In Silver
Money affects our daily lives. Who has a little, wants more of it. Anyone who already has money wants to
secure and protect it. But how? Take advantage of the secret of the wealthy. Gold has been known 2,600 years ago-but on the whole world recognized only in ingot form for payment in 194 countries around the world. Silver also traditionally has helped protect individuals wealth against market fluctuations. |
Why Hard Assets?
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Similar to gold, silver acts as a hedge against inflation. That means, that even as the value of the dollar goes down, silver’s value stays consistent. It holds its value long term. This provides a “safe haven” for your money. Let’s go deeper into what this means. Inflation means that because of the decrease in value of money, the purchase power of that money also decreases.
For example, You could purchase a lot more with $100,000 in 1969 than you can purchase with $100,000 in 2021. The prices of everything are much higher now, including cars, gas, houses, food etc. Although you may have the same $100,000 in 2021, it can purchase much less than it could in earlier times.
In these ways, silver functions like gold as an investment, serving a similar "safe haven" role. However, silver is an industrial metal as well as an investment metal — which significantly affects its price performance and outlook.
For example, You could purchase a lot more with $100,000 in 1969 than you can purchase with $100,000 in 2021. The prices of everything are much higher now, including cars, gas, houses, food etc. Although you may have the same $100,000 in 2021, it can purchase much less than it could in earlier times.
In these ways, silver functions like gold as an investment, serving a similar "safe haven" role. However, silver is an industrial metal as well as an investment metal — which significantly affects its price performance and outlook.
