Silver Investment: The Bull Case for the White Metal
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The volatile fluctuations in the financial market are giving the average investor cold sweats. Individuals now realize that it’s not enough to buy a property or invest in the stock market if they want to really secure their future. Investing in assets that don’t hedge against economic pressures is only tying up money for no good reason.
Coronavirus and Silver Trends
In light of the recent stock market correction, precious metals like silver and gold are now appearing even more lustrous. And the variability of the prices of other financial assets is not the only reason behind that. The raging pandemic that has stolen maximum screen-time and occupied health organizations worldwide is proving beneficial in regard: the appreciation of precious metals.
This is a constant reminder that now is the golden time to invest in more gold assets. If your portfolio lacks gold holdings, there’s no telling how secure your future will be.
The versatility of silver
The bullish tales and trends of silver investments show market demand to be the primary factor. This is affected by the variety of industrial uses that silver offers.
The Silver Institute has stated that industrial uses occupy 46% of the global production of silver. Because of it’s a great conductor of heat and electricity, it’s vastly used in manufacturing electronics, food processors, textiles, medicine and radiography.
Not just that, it’s also widely prominent in the making of batteries, cameras, electric vehicles, airplanes, watches, smartphones, kitchen appliances and computers.
Supply and Demand for Silver
The production of silver has seen a downfall in the past few years because of which the prices have shot up. This created a shortage in the market as the available supply fell short of meeting the demand for metal by investors and industries alike.
With the global health emergency situation fueled by COVID-19, geopolitical tensions in the world have grown. This, combined with turbulence in the stock market, have propelled bullish trends in the silver market—an upward trend in the prices of a commodity because of increased investments.
With silver gaining more investor confidence and risk-on assets showing red flags, a surged of investment activity has been observed. Investors, now, should have at least 5–10% of silver holdings to their name if they want to avail the financial protection it offers.
If you’re keen on investing your money in profitable ventures and want to cash on the present bullish trends, buy our metals now.