January 11, 2019
Investing in Silver
The economy is weak, and the dollar continues to lose spending power. Diversifying your portfolio with silver bullion may be the smartest investment you can make. The stock market has become unhinged because of recent bad economic news. Yet, when stocks take a beating you need protection from these losses. This is where precious metal investing comes into play, and silver is perhaps the most affordable way to start.
While we hear in the media how far gold has shot up in price, the reality is not everyone can afford it. Yet, when you buy silver bullion you are buying investment grade bullion containing 99.9 percent silver. Plus, you will achieve the same result as gold because silver typically mirrors gold’s performance.
The economic crisis was primarily caused by debt and risky investments. On the other hand, silver always retains its core value. The same cannot be said of stocks or paper money. It is best to diversify into precious metals because when the stock market takes the inevitable plunge the spot silver price goes up helping you to off-set stock market losses. This way you are taking a balanced approach to investing.
Silver is often called the poor man’s gold. This is because gold is too costly for some people to invest in. Silver on the other hand, may get you to your target a bit slower than gold, but in the end the result is the same. Food and oil price increases have caused inflation to make a comeback. This has only made silver more stable than ever.
Unlike gold, silver is an industrial metal. Electronic gadgets are produced with silver. Naturally, we all know electronic devices abound. Yet, the supply of silver is shrinking. At the same time demand is on the rise. This along with the continued poor economy will keep silver high in price. The ongoing Greece crisis in Europe has yet to play out. If Greece should fail expect silver along with gold to hit the roof. The dollar along with stocks will plummet.
In conclusion, the economy is weak and paper money is fast losing its spending power. In addition, the stock market has become unstable as a result of constant bad news regarding the economy. However, silver has remained remarkably stable. If Greece does default or if the economy worsens we can expect the dollar and market to sink, while silver spikes upward. Silver is indeed a good investment. If you are ready to invest Regal Assets is the company where you want to put your money. There are thousands of great customer reviews on the internet about the company and the money they made with it, so you can’t go wrong with them.