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Investing silver

Is it profitable to invest in silver?

Is it profitable to invest now in silver? How to do it How much will you earn? Answers to these questions in our article. We invite you to familiarize yourself with it.

Investments in silver

Undoubtedly, the investment in silver will become one of the best investments in history. According to the information provided by CPM Group available silver is about 300 million ounces. Even 60 years ago, the available silver was over 10 trillion ounces. Available gold only 50 years ago was about 1 trillion ounces.

Today there are 7 trillion ounces available. So just think what it means for growth potential for silver. Why did silver go away and gold came? Well, because silver is used in great quantities and consumed in industry. Available gold in the past 50 years has reached 700%, while the amount of silver available decreased by 97%.

Today, we only have 22 mines to mine silver while its consumption is at record levels. If you look at the future demand for silver, it is the rarest metal on earth. And so far there is no other so good and so cheap metal together that could be replaced by silver.

Silver is used to produce TVs, CDs, DVDs, iPods, ovens, batteries, medical devices, medicines, vehicles, computers, cell phones, household appliances, and its use is also crucial for plastic production. Silver also finds more and more uses in the alternative energy market. Of all metals, silver is the best conductor of electricity.

In addition to the rise in silver prices, the growth of countries such as India and China is accelerating. What will certainly increase the demand for silver. Oil for fire is also poured into the fact that investing in silver in these countries is very popular. The rising global demand for electronics and all the rest of the stuff that silver is used to make will probably explode its price.

Is it worth investing in silver?

Having looked at all these factors in favor of silver prices, it is certainly something that every investor should have in his "wallet". The best buy silver in its physical form: silver coins, silver bars, bouillon coins. Buy only such coins and bars, which are pure silver, or 0.999.

Do not buy these 0.925 samples. In addition, each coin or bar should write that it is silver and that it is 0.999. We also recommend not to buy coins and bars lighter than 1 ounce. It is also good to spend some money on investing in silver and buy them regularly, eg every 2-3 months.


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