This is a semi-predictable speculative asset that can make you earn real money. Buy gold if you invest for when times are bad. Silver is much cheaper than gold, making it more accessible to small retail investors. For those who are just starting to build their portfolios, the cost of silver may make it a better investment option.
The fund operator is responsible for managing the costs of maintaining a physical supply of gold or silver and for collecting an expense ratio. And like gold, silver is a monetary metal and will therefore respond to monetary dilution and lack of fiscal restrictions. Dollars, so when the dollar falls in value, gold and silver tend to rise because it is less expensive to buy them with other currencies. Half of all silver is used in heavy industry and high technology, including smartphones, tablets, automotive electrical systems, solar panel cells, and many other products and applications.
Jeff speaks regularly at conferences on precious metals, is a member of the board of directors of Strategic Wealth Preservation in Grand Cayman and provides exclusive analysis and market commentary to GoldSilver clients. As a result, that silver has disappeared forever and limits the amount of supply that can return to the market through recycling. Owning some physical silver provides you with a real asset that has served as money for literally thousands of years. On the one hand, investors usually pay a premium on the spot price of the metal of gold and silver coins due to manufacturing and distribution margins.
Demand for gold and silver comes from different sources, with gold being primarily an investment asset and silver an industrial asset. As Mike Maloney says in his best-selling book, A Guide to Investing in Gold and Silver, “Gold and silver have appreciated over the centuries and have used the fiduciary role to make them accountable for themselves. Both silver and gold can function as safe haven assets, but gold tends to have a better track record over longer periods of time. And the growth of electric vehicles is expected to be so high that the Instituto de la Plata estimates that automotive demand will become the second largest source of industrial demand for silver in 2024.This is especially true in the case of silver, since it is a very small market and is not as serious as gold.
Part of the explanation for the fall is that about two-thirds of the supply of silver mines comes from operations with base metals (copper and zinc, for example).