As such, demand for silver comes from multiple sectors of the economy, keeping prices relatively stable. One of the main reasons to invest in a physical product such as silver is to protect against inflation. However, we can look at historical trends in silver prices and, taking into account some assumptions about the market, provide an informed estimate of demand for silver 10 years from now. Oxford Gold Group helps investors protect and increase their wealth by purchasing physical gold and silver for their IRA accounts and for home delivery with the same ease and security as buying bonds or stocks.
You can also speculate on the price of silver by buying silver ETFs, such as the iShares Silver Trust (SLV) and the Aberdeen Physical Silver Shares (SILV) ETF. Unlike fiat currencies, there is only a finite amount of silver on the planet, meaning that it is highly resistant to specific inflationary pressures. Like gold, the price of silver has an excellent track record throughout history, and silver can play the same role as gold as a store of value. If you want to participate in a possible bull run in the silver market, consider buying physical silver.
If you have a limited amount to invest in, it may be a more conservative option to invest in silver than gold. Gold is traditionally the best option for investing in commodities, but it is usually much more expensive than silver. Silver is a cheaper alternative to gold and has many of the same beneficial investment properties, although more is needed to achieve a value similar to that of gold. Bullish silver markets could see rapid increases in the price of silver and, in hyperinflationary environments, silver could become an essential medium of exchange.
Through these types of vehicles, you can speculate on future silver prices to make even more money. This physicality means that silver does not need maintenance or a digital infrastructure to sustain it. Gold is the traditional option for trading precious metals, but buyers and sellers have been very successful with trading silver. On the contrary, silver has experienced a handful of bull markets over the past century, leading to massive price increases.