Understanding The Value of Physical Silver
The following article is created by Orion Metal Exchange for the benefit of our investors and perspective investors alike. We seek to provide relevant content concerning precious metals and the impact caused by the economy and geopolitical trends that will most likely place impact on your financial future. If you are interested in learning about precious metal investing, call 1-800-559-0088, for a FREE investor kit.
Silver is a precious metal that has been utilized as an barter instrument and a store of wealth for thousands of years. Silver is a commodity that is required in industrial and technological applications. Due to silver’s attributes and many uses, demand has outpaced supply for the past three years in a row.
Historically, silver has held value for several reasons. Let’s review why.
Silver Is a Valid Median of Exchange
Silver emerged as a viable form of money because:
Divisibility: Silver is considered by many as the ultimate barter instrument. Silver has been utilized as money by civilized societies for thousands of years. Many investors view silver as a currency to replace fiat currency in case of currency collapse.
Durability: Silver is resistant to corrosion and can withstand extreme environments. Silver can be handled and exchanged for extended periods of time without changing shape or volume.
Portability: Silver is non-perishable and durable; silver can be carried across long distances. Silver is resilient to blunt impact and incurring damage.
Ionizability: Silver is a precious metal and remains a valuable commodity due to its attributes and its finite supply. Regardless of global location, silver is a trusted and true medium of exchange.
Store of Value: Silver is known to retain its purchasing power even during times of economic uncertainty. Silver rises with inflation. Sovereign mint produced silver coins are legal tender designated. Silver is recognized globally as a store of wealth.
Silver is a Precious Metal with Special Properties
Silver has a brilliant white metallic luster. Silver has the highest known electrical and thermal conductivity of all metals. While possessing the lowest contact resistance. The white metal is lustrous, soft, and very ductile. Silver is a malleable metal.
Silver is alloyed with elements such as palladium and nickel. Like palladium, silver is a precious metal.
Silver’s melting point is middle-of-the-pack. Silver melts at 962 degrees Celsius.
Silver Is an Invaluable Industrial Metal
Industrial applications involve using large volumes of silver. It’s commonly found in silverware medical instruments, water purification systems, grazing, jewelry, solar panels, cars, cameras, computers, cell phones, etc.
This is a precious metal that’s revered as much for its ornamental value as it is a store of value. In comparison to gold, industries rely much more heavily on silver for industrial and technological use.
This metal has far-reaching uses such as coating surgical tools and batteries.
Owing to its chemical properties, silver doesn’t react with other substances which greatly enhances its efficiency as a catalyst. Its malleability makes it possible for manufacturers to easily mold it into desired shapes. Its ductility allows it to be drawn into thin wires that are good for conducting electricity.
The Upside Potential in Silver
Over the past 25 years, silver has gained approximately 450% in value and silver is currently 70% lower than its all-time high. Silver is considered more undervalued than gold. Due to rising inflation, Silver is expected to continue to rise in value moving forward. With silver at only $29 per ounce, and silver expected to reach new all-time highs, investors should seriously consider diversifying in this precious metal before it moves any higher.
Simple Answers to Common Questions: FAQ Spot
Why is physical silver so expensive?
Currently, the spot price of silver is $29 per ounce. Silver is considered by many investors to be extremely undervalued. Silver is expected to increase in value moving forward.
Is it hard to sell physical silver?
With Orion Metal Exchange, you can guarantee transaction pricing with a simple phone call.
Why hold physical silver?
Owning physical silver coins is a way to protect your wealth from the risks associated with debt encumbered investment vehicles.
The following article is created by Orion Metal Exchange for the benefit of our investors and perspective investors alike. We seek to provide relevant content concerning precious metals and the impact caused by the economy and geopolitical trends that will most likely place impact on your financial future. If you are interested in learning about precious metal investing, call 1-800-559-0088, for a FREE investor kit.
