Silver: The Overlooked Treasure | The Gold Standard 2306

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We discuss silver which is probably the most undervalued asset in the world.

The World Bank warns that the global economy is “perilously close” to a recession. It is one of the weakest paces of growth on record. Fears of a deepening recession provoke several large US companies to lay off thousands of employees.

People often overlook silver as the valuable investment and treasure it is. Despite its long history as a currency and store of wealth, it has not received the same attention and recognition as gold. However, silver has unique properties and advantages that make it a compelling investment opportunity.

Silver is more abundant than gold. Silver is about nineteen times more abundant than gold in the Earth’s crust; however, modern silver mine output is down to about eight times greater than gold’s output. At the same time, the demand for the industrial use of silver continues to climb.

Industrial uses of silver will continue in ever-increasing amounts. Silver has many industrial uses, including electrical conductivity, thermally conductive heat exchange, and anti-bacterial properties. The manufacturing and technology industries, coupled with investor and collector demand, continue to drive demand for silver. The need for silver will likely increase as technology advances, making it a potentially profitable investment.

The spot price of silver is more explosive than gold because of the gold-silver ratio, which tells us how many ounces of silver it would take to purchase one ounce of gold. To get the gold-silver ratio number, divide the current spot price of gold by the current spot price of silver. Today, the ratio is about eighty-five to one. Many believe that the gold-silver ratio will return to what it was before, somewhere in the ballpark of 16 to 1.

As the United States began forming its financial base, the Mint & Coinage Act of 1792 set the silver-gold ratio at fifteen to one. According to the law, one US dollar was defined as 1.64 grams of pure gold.

The accessibility and affordability of silver make it an attractive option for those who are just starting to invest in precious metals or want to begin diversifying their portfolios. As more investors become aware of the potential of silver, prices will likely continue to increase, providing a potentially lucrative opportunity for those who invest now.

Bullion silver is an overlooked treasure that offers unique properties and advantages as an investment. With its accessibility, industrial demand, and potential for price appreciation, silver is a valuable and potentially profitable addition to any investment portfolio. Whether you are a seasoned investor or just starting, silver is worth considering as a way to diversify your wealth and protect against economic uncertainty.

Silver has a legacy of storing value that goes back centuries. Even during economic uncertainty and high inflation, silver has proven reliable in preserving wealth. The precious metal has a low correlation with other assets, such as stocks and bonds, making it a valuable diversifier for investment portfolios. When other investments perform poorly, the price of silver holds up or has even been known to increase in value.

The Silver American Eagle bullion coin is a highly sought-after investment and collectible coin produced by the United States Mint. It was first minted in 1986 and has become one of the world’s most popular silver bullion coins. The coin is made of .999 fine silver and weighs one troy ounce.

The coin’s obverse features the iconic “Walking Liberty” design by Adolph A. Weinman. In contrast, the reverse, up until recently, had featured John Mercanti’s stately depiction of a heraldic eagle and a shield, symbolizing the strength and patriotism of the United States. The new design, as of 2021, used on the coin’s reverse is by Emily Damstra and shows an American Bald Eagle landing on a branch, its majestic wings outstretched.

The coin is guaranteed by the United States government to contain the stated amount of silver and is widely recognized and traded around the world.

In addition to its investment value, the Silver American Eagle bullion coin has become a popular collectible for its beautiful design and historical significance. The coin is widely available from bullion dealers and coin shops and is an easy way for investors to own physical silver and add it to their precious metals portfolio. Whether you want to protect your wealth against inflation or add to your coin collection, the Silver American Eagle Bullion coin is a great choice.
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