why buy silver instead of gold

I got into buying silver because I could not see me buying an RV and using it enuff to justify the cost and upkeep of the unit, and seeing how I really am not home enuff to use it anyway I decided to buy silver bullion instead as it cost me less per month and is easier to store and if nothing else it will be willed to my children. Buy small gold first, then large. F or those looking to bolster their safe haven exposure, whether preferring to buy silver instead of gold or holding both, there are various ways to invest. Unlike gold, silver has an industrial application that is much bigger compared to gold. Savings accounts 5. 6 Comments In the United States, no one really knows how much gold is really in the federal reserve. Silver stores would be diverted from industrial use and instead used for … People see gold as a way to pass on and preserve their … If you want more gold, our cheapest 1 ounce gold coins start from £1,377.67. Whereas gold is genuinely a precious metal, silver is both an industrial and precious metal. People are struggling to make mortgage payments, much less buy an ounce of gold. Read More », 2. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver, Gold Seek, SGTReport, and a great many more. There is certainly no shortage of "gold bugs" who believe the precious metal remains one of the few assets with intrinsic value. For $100, I can buy several ounces of silver, enough to make it worthwhile. …. Ideally, we would all have a … So says Silver Shield (dont-tread-on.me) in edited excerpts from an article* entitled 10 Reasons Why Gold Is The Gut Reaction And Why Silver Is The Smart Decision. Why Central Banks Buy Gold #1: They buy gold to manage risk & promote stability. Silver Has the Potential to Increase 4-Fold From Today’s Price – Here’s Why, The price ratio of gold to silver has fallen precipitously in raging bull markets for the metals, so the silver price could have an upwards move at four times the rate of any gold price increase. You can sell them back there too, but you'll be trading on the collectable value of the coin, which fluctuates based on the price of the metal and the scarcity and quality of your coin. He has authored several Gold & Silver Guides and has been featured on the History Channel, Zero Hedge, Gold-Eagle, Silver … Never before in its 244-year history has the U.S. economy been so saturated with easy money. The information on this site was obtained from sources which we believe to be reliable, but we do not guarantee its accuracy. In fact, silver, along with gold, is the ultimate form of money, because it can’t be created out of thin air (and thus depreciated) like paper or digital forms. Tax liabilities on the sale of precious metals are not due the instant that the sale is made. (+63K Views), A Direct Comparison Between Gold, Silver, Platinum and Copper (+91K Views), Silver Prices: How High Will They Go? If demand for silver as an investment suddenly increased, mining for silver would increase in response. Investing in gold, whether the physical metal or gold-related securities, is a complicated decision and not one to enter lightly. He has authored several Gold & Silver Guides and has been featured on the History Channel, Zero Hedge, Gold-Eagle, Silver Seek, Value Walk and many more. It is an affordable investment even for the small investor. It is a stunning coin to hold. Never buy exotic coins or modern rarities or anything you don't understand. Silver itself is not cheap to buy but can be more practical when you want to use it. Since silver has been used more times as money throughout history as money than gold, logic would dictate that at some point banks are going to want to own silver. (+61K Views), These Sites Are the BEST Places to Buy Gold & Silver Online - Here's Why (+35K Views), UPDATE - Gold:Silver Ratio Suggests Much Higher Future Price for Silver (+29K Views), Gold Measurements: What Do the Terms "Karat" & "Troy" Ounce Actually Mean? I’d recommend buying silver coins, rather than silver ingots. If demand for silver as an investment suddenly increased, mining for silver would increase in response. As such, all posts on this website have been screened at Library of Congress Catalog as to their eligibility for posting. This Is Why You Should Buy Gold And Silver In 2021 By GoldBroker of GoldBroker Monday, January 4, 2021 2:36 PM EST Gold and silver closed out their best years since 2010 following a year of unprecedented volatility brought on by the COVID-19 pandemic. if silver has been trashed for decades and gold treasured, how much longer can the 1:66 ratio exist? $300? At some point the market is going to recognize the incredible opportunity and, when it does, it will most likely overshoot and could make silver more valuable than gold. Why Buy Silver Instead Of Gold Video. Read More », The majority of analysts maintain that gold will reach a parabolic peak price somewhere in excess of $5,000 per troy ounce in the next few years. Turkish Prime Minister Erdoğan openly asked why the International Monetary Fund is not using gold as its reserves instead of the dollar. Gold:Silver Ratio Suggests Much Higher Future Price for Silver – MUCH Higher! Thanks for the reasons to buy silver. Now owning gold and silver coins they have two values the medal value and the numismatic value. Also, silver is more affordable as buyers can dollar cost average into a position through regular small purchases. This leaves us with gold and silver as the only two rational choices for investment in the face of a mathematically inevitable world-wide currency collapse. - munKNEE.com, What Do Silver:Gold Ratio, Volatility & “Bear’s Eye View” Analyses Suggest for the Future Price of Silver? I know how to help you, just search in google – [Indeed,] I think that within a reasonable time frame silver will probably trade over $100. Brennan Believes It’s Time. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Perhaps you don’t want to use a full ounce of gold to meet a small financial need, hence silver could be of more potential value. These cookies do not store any personal information. With silver being so much lower than gold, and being much more “approachable” by the average person, it lends itself to artist to experiment or to branch out with a new medium and create some incredibly beautiful works of art – like the feature image above – Black Rhino. The Silver Price is More Volatile. We are at the beginning of a major shift out of paper assets into real assets and the more I studied the merits of owning gold and silver the more I realized that silver was the smart decision. ). With the price of silver around $16/ounce and the price of gold around $1,100/ounce there are many reasons why I like silver more than gold. Cape Coral Web Design Web Based Coding, LLC. Gold and silver are likely to appreciate faster than the rate of inflation because central bank and government actions are debasing national currency, so demand for the precious metals will continue … *http://dont-tread-on.me/10-reasons-why-gold-is-the-gut-reaction-and-why-silver-is-the-smart-decision/, 1. Why Silver Will Be a Better Bet Than Gold if the Precious Metals Rally Continues The white metal is far more volatile and that can be used as an advantage by savvy investors. Investors who want protection against inflation buy silver and gold as inflation hedges. There are many reasons why investors and coin collectors decide to buy gold coins rather than – or in addition to – gold bars. On the other hand, the number of productive gold … For North American investors, American Eagle and Canadian Maple Leaf coins—both silver and gold—are some of the best coins to buy. You'll Be Surprised (+121K Views), U.S. Dollar Will Collapse When This Upcoming Event Happens (+98K Views), Shift From U.S. Dollar As World Reserve Currency Underway - What Will This Mean for America? As economies around the globe recover from the COVID-19 pandemic, it is a matter of time until global demand for silver picks up again. Investing in precious metals is a big commitment, and it can sometimes be hard to know which out of gold and silver is the best metal to invest in. Another main reason one should consider investing in silver is the global demand. They buy gold, essentially swapping some of their dollar risk for gold risk. Suffice it to say; you can either buy physical (e.g., coins), Electronically Traded Funds (ETF’s), or equity/stock in companies that mine precious metals. During the 1970s, silver and gold prices skyrocketed in response to price inflation that reached 13%. Silver On Its Way to $50/ozt. Here's Why (+104K Views), NAFTA: Major Imports & Exports Between the U.S. & Canada Are Surprising (+87K Views), Which Is the World's "Safest" Major Currency? So as a general overview, owning physical silver gives you a real asset that has served as money for thousands of years. Here are some advantages and disadvantages of buying gold coins as an investment: Advantages to buy gold coins. {{site_title}} © {{year}}. - munKNEE.com, Pingback: What Do Silver:Gold Ratio, Volatility & “Bear’s Eye View” Analyses Suggest for the Future Price of Silver? Silver’s unique anti-microbial, reflective and conductive qualities make it a vital element in many high ticket projects. [Let me explain things further and lay out some sound reason why you should sell whatever gold you currently own and buy silver instead.] Gold and silver prices move significantly year to year, so the best way to get a general gauge of the prices of these metals is to look at semi long-term charts. I think this is the reason why we see so much activity in gold versus silver right now. There is no central bank that I know of that even owns even an ounce of silver. They have seen it in movies as pirate treasure and maybe heard it was confiscated many years ago… In short, gold is the gut reaction for most paper investors who want out of the casino. Why are Gold and Silver the Specific Choice? Most people view gold as a safe investment and considering how much the price of gold has risen historically, it would seem that their views are not wrong. Silver may not be part of our currency, but it is still money. We are entering a generational shift out of paper assets into real tangible assets…The U.S. dollar is going to collapse…It is a mathematical certainty. Stay away from SLV, unallocated bullion accounts, mining shares, etc. Also, visit U.S. Code 17-107 Limitations on Exclusive Rights - Fair Use. Privacy Policy (UPDATED) – Disclaimer – Terms of Use. Platinum and palladium have rarity and industrial use going for them but they have never been used as money in history. | Silver Prices & Silver News, DISCLOSURE: It is our intent that all posts on this site be in accordance with the requirements, restrictions and terms of the Copyright Law of the United States and all other copyright treaties to which the United States is party and more specifically of the Digital Millennium Copyright Act - Blogger . Silver itself is not cheap to buy but can be more practical when you want to use it. registration number) and the article in question will be immediately deleted from the site. January 21, 2020 On May 17, 2012. That’s why the little bit of investment money I have is in silver and not gold. Since the gold market is so large, I think that is why we see central banks and major institutions are buying gold. To help you make your mind up on which is the best for you, we’ve bought together a few of the main reasons why it’s worth buying gold coins, and … The total supply of new silver each year is close to 1 billion ounces. It is often said that silver is the ‘common man’s gold’ and looking at their respective … Beginning in 1987 Rory has written over 1,400 articles and produced more than 500 videos on topics ranging from the precious metals market, economic and monetary policies, preparedness as well as geopolitical events. One of the biggest reasons why people invest in precious metals is that there is no counter party risk. To do so, they take various measures to ensure that a nation's economy doesn't go topsy-turvy when markets go awry. … What potentials does silver have as an investment? How much? Gold … I think that the fundamentals look better than ever, and…[that] there is an explosive move coming in 2014. If they dumped a billion into silver, they would explode the market. Psychologically, this makes the purchase of silver more achievable for small investors since $1,000 can buy up to 50 ounces of silver but not even one ounce of gold. New gold buyers may not understand the potential disadvantages to holding cash over gold. Please consult with a qualified investment advisor who is licensed by appropriate regulatory agencies in your legal jurisdiction before making any investment decisions, and barring that, we encourage you confirm the facts on your own before making important investment commitments. Not at all. | Silver Prices & Silver News, All Plant-Based Food Stocks Declined In December, Peak Fintech: An Ideal Vehicle To Participate In China’s Fin Tech Industry – Here’s Why, Save In Gold, Whatever Your Income – Here’s How, We Will Be Facing A Major Financial Disaster In A Matter Of Months – Here’s Why. Once you see that precious metals are the place to be, then you need to choose between the big 4 precious metals; gold, silver, platinum and palladium. The silver market as compared to gold is very small. Here the top 10 reasons why every investor should buy some silver bullion… #1 Silver is Real Money. Buying silver bullion as an inflation hedge. If you look at the largest stockpiles of gold owners it falls mostly on the central banks of the world. if throughout all of history silver has been mined at a gold to silver ratio 1:10, how much longer can a 1:66 ratio exist? You can buy 66 ounces of silver now and if the ratio falls to a 1:1 ratio you can trade 66 ounces of silver for 66 ounces of gold. History 1979-1980. I acquired two and gave one to my brother-in-law. Over the past decades we have been consuming more silver every year than we mine. Leverage is the use of various financial instruments or borrowed capital, such as margin, to increase the potential return of … Silver is sometimes called the "poor man's gold," but investing in silver isn't just a cheap gold proxy. If he blew $1,300 [more or less] on one troy ounce of gold, he might have some explaining to do. The premium was incredibly high and may not ever recover, however, I really don’t care, because I love the work. COPYRIGHT & DISCLAIMER: Lorimer Wilson is not a registered advisor and does not give investment advice per se. Its value is derived from its intrinsic value of rarity and potential uses. With gold at…[almost $1300 a troy ounce] it is not really conceivable the average American, much less most people in the world, will ever have enough money to buy one ounce of gold. Unlike paper currency, coins or other assets, gold has maintained its value throughout the ages. With precious metals you do not have to worry about someone paying a dividend or earnings in a depression or a currency collapse. Please note that while Wilson may already have invested or may from time to time invest in securities that are recommended or otherwise covered on this website they do not intend to disclose the extent of any current holdings or future transactions with respect to any particular security and, as such, you should consider this before investing in any security based upon statements and information contained in any report, post, comment or recommendation you read on the site. The very guys that are destroying the paper markets, are the largest owners of gold. It’s hard to find your posts in google. A History of Holding Its Value . Don't forget to visit The Daily Coin and Gospel News Network to enjoy some of the best economic, precious metals, geopolitical and preparedness news from around the world. The 2020 Presidential Election Runs Through…Italy? We also use third-party cookies that help us analyze and understand how you use this website. Gold and other hard metals have always been a time-honored part of traditional investment plans. Silver… is simply the best investment out there…[because,] first and foremost… it is a physical tangible asset. This is only possible because we used up all of humanity’s previously mined silver. Historically, silver has actually been a better investment, with better returns, than gold. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. For this reason, many investors switch their wealth into precious metals, be it silver bars or coins or gold… Are You Ready To Be Subjected To Your “Two Minutes of Hate”? None of the information, advertisements, website links, or any opinions expressed constitutes a solicitation of the purchase or sale of any securities or commodities. I found it on 15 spot, you should Since silver is relatively cheap, the higher the price of gold goes, the more demand will naturally flow into silver. It is natural of an investor to be curious and want to discover if one type of asset is better than another. By Ribi Khaimov. 11,227 Views. Coins containing gold … The premise of the question is incorrect: Copper is widely used in many electronic devices. Curious and want to add a sixth reason – Art the reason why we see banks... ) attempted to corner the silver price is more preferred, its demand is vital to any recovery we see. Daily contributor at SGTReport between 2012 and 2014 is no central bank that I know of even... Within a reasonable time frame silver will probably trade over $ 100, I can buy several ounces silver! Is practical for small purchases silver bullion… # 1: they buy gold manage... From GoldSilver Worlds ever, and… [ that ] there is no counter risk. 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Gold by reading our free guide Ready to be Subjected to your “ two Minutes of hate ” our,!: silver Ratio Suggests much higher never discloses any of their dollar risk for gold risk collapse of the ways. Precious metal, silver is the enormous difference in price: `` it ’ s hard to find your in..., a store of value and the numismatic value that will have the option to opt-out of these may. From GoldSilver Worlds, under legal obligation to report any cash payments we Receive for that...