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  5 Reasons to Buy Silver instead of Gold  
  GoldSilverWorlds on 2018-08-28 20:54:41.0
 
 

Is silver really better than gold? Why should someone buy silver instead of buying gold? What potentials does silver have as an investment? All these questions will be answered right here. It is natural of an investor to be curious and want to discover if one type of asset is better than another. This is particularly true when it comes to silver and gold since both markets generally differ in size.

  1. Money in silver

Silver isn't part of our currency, yet it is still considered of value along with gold. One evidence is that this cannot be generated easily and thus depreciates like paper or digital forms. And by real money, we do mean physical silver?not ETFs or certificates or futures contracts.

Here's why silver and gold has potential value,

  • They have never been defaulted on.
  • They have no counter party risk.
  • They have long term use as money.

So as a general overview, owning physical silver gives you a real asset that has served as money for thousands of years.

  1. Silver is practical for small purchases

Silver itself is not cheap to buy but can be more practical when you want to use it. 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. Since it frequently comes in smaller denominations than gold, you can sell only what you want or need at the time.

  1. Silver outperforms gold in bull markets

The market for silver is so small, in fact, that a little money moving into or out of the industry can impact the price to a much greater degree than other assets which include gold itself. This higher volatility rate also signifies that in bear markets, silver falls more than gold but soars further and higher than gold in bull markets.

  1. Global demand is growing

World demand for silver is already growing. Almost all major government mints have seen record levels of sales, with most already operating at peak production. Rising demand, especially in China and India, is very evident in today's world. Both countries have very long histories when it comes to an affinity with precious metals. Thus, since these surging demands don't happen so often, there will be consequences later when rising demands meet low supply.

  1. Silver is a hard asset

There are a limited number of investments that you can hold in your hand, silver and gold are one of them.

The markets are full of paper profits, digital trading, and currency creation. However, this is in contrast with gold and silver investment options as these are one of the rare few you can store, hold or even have in your pocket. And it can be as private and confidential as you want. Physical silver is also a tangible hedge against all forms of hacking and cybercrime.

So generally these are some of the reasons why silver is generally better than gold and why investing in silver is also a good option, not only does it diversify your portfolio, it also has many more benefits along with gold and other precious metals.

 
 
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