Is Silver A Wise Investment?
As an investor you must be wondering whether investing in silver it is worth it since it doesn’t hold much value compared to gold. However, since gold prices are being dragged down by gains in equity markets, the price of silver is rising internationally, presenting a good investment opportunity.
Let’s explore some of the reasons why adding silver to your portfolio will be worth every penny invested.
1) Silver is Affordable
You can buy silver at roughly 1/65th the price of gold. For an average investor, buying silver can be affordable and protect them against inflation. In times of crisis, people who cannot afford to buy even an ounce of gold can benefit from buying silver.
You can buy silver bullion bars in the form of coins from reliable top silver IRA companies such as Orion Metal Exchange. We provide premium quality silver products at discounted prices.
2) It’s a Tangible Asset
Financial assets such as mining stocks and bonds are vulnerable to depreciation. Tangible assets, on the other hand, such as silver bullion, will never crash because of its real value despite the market fluctuations. Business owners can now invest in buying bullion in the form of silver coins or jewelry as a safe form of investment.
3) It Holds Universal Value
Silver never loses its intrinsic value. A silver coin or a piece of jewelry will have the same value in the United States and in the United Kingdom.
This means it gives financial security even if you plan to move to a different location. This is why investors flock to precious metals whenever there is economic turmoil.
4) It has a High Liquidity Rate
With a high liquidity rate, converting silver into cash is easy. There is no third-party required to convert silver into currency. You also save yourself from paying additional third-party fees this way!
5) Great Industrial Use
You might have noticed the growing use of silver in a variety of medical applications, electronics, batteries, solar panels. The use of silver is indispensable in the industrial sector.
It’s also a key input in the dentistry sector owing to its antibiotic properties. The demand for silver has skyrocketed in the last few years because of its versatile qualities.
Buy silver bullion bars today from Orion Metal Exchange. With over 50 years of experience in the precious metals industry, we happen to be one of the best silver IRA companies in Los Angeles. Get in touch with us today for more information.