The future of the world’s biggest economy is uncertain as social and political unrest keep growing. COVID-19 has ended the global economy as we knew it, and the pandemic continues to evolve. There aren’t many assets that will do well in this environment, but silver might be one of the best.
The situation globally. has forced investors around the world to look for other investment opportunities beyond traditional stocks. Real estate, cryptocurrencies and precious metals have been growing in popularity. People everywhere are getting ready for the worst-case scenario, as a crash of the global economic system would surely have a far reaching impact.
There have been reports of investment giants like Warren Buffett, Eric Sprott and Robert Friedland investing in both gold and silver in recent months. This is most definitely a case of watching what big investors do, and not what they say... My message is to jump on board HMS SILVER VESSEL, before it sets sale and you're left holding worthless fiat currency to spend.
Over the past few months, America’s partners have grown increasingly wary when interacting with their ally at all levels: politically, economically, socially, even technologically. As if this were not enough, the United States has been in an economic war with China for the last two years, which has further exacerbated the economic turmoil. While the stock market has always been sensitive to elections and major events around the world, the approaching American election has shown a bigger influence over it. This influence over the market has resulted not only in highs and lows for investors but also for the American economy itself, with the obvious effects that it has on other countries, including the UK.
For most of history, precious metals have proven to be valuable commodities that are associated with luxury, wealth and economic safety due to their intrinsic value. Nowadays, this is still the case, but the metals have evolved to have applications beyond aesthetics as well. Over the last decade, more patents have been filed for products requiring silver than gold, due to its reflective and electrical/thermal conductivity properties.
Given the fact that a small quantity of silver is used at a given time, it is also not worth it for producers to recycle existing hardware, but to acquire it by mining or buying. This means that the demand for silver is not only greater than other precious metals, but also that the limited supply available is likely to diminish quicker, increasing its value.
Increasing interest in silver has been confirmed by the white metal’s value increase of over 100% over the last six months, the highest of any precious metals. There are reasons to believe that this uptrend will continue as has been experienced by other metals, which has historically proven to be an indication of higher returns of investment going forward. Six of the last times when both gold and silver’s value increased, silver investors experienced higher gains. I personally think that silver is highly undervalued at present, which would mean that any price correction lower would definitely be a buying opportunity.
Buying silver right now will not only allow you to hedge losses in other assets, but also provide greater gains than any other metal. If we are to believe historical trends and statistics, the recent increase in the value of precious metals is sure to have a higher impact on silver, rewarding investors handsomely as the long-term shift away from fiat money continues....
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