Mining.com: The Case For Silver

Above, JFK 1964 half dollars and Morgan dollars. Each has 90% silver. Photo by Armand Vaquer.

Investment experts generally recommend diversifying one's investment portfolios, which also include investing in precious metals such as gold and silver. Most often, I've read that precious metals investing should be at 5% of one's portfolio.

Since gold is above $1,800 an ounce, silver is the logical alternative as it is more affordable at around $23 per ounce.

Above, a Gold Rush era gold prospector.

The current inflationary times (Bidenflation) is decimating the value of the U.S. dollar. 

Mining.com posted an article yesterday, "The Case For Silver".

They begin it with:

Silver, like gold, is a precious metal that offers investors protection during times of economic and political uncertainty. 

After Russia’s invasion of Ukraine earlier this year, the flight to safety subsequently sent silver prices past the $26/oz mark, which was last seen in August, 2021.

This silver rally proved to be a flash in the pan, however. An aggressive interest rate hike campaign by the US Federal Reserve, along with a high US dollar, has kept the safe-haven metal in check.

Still, there are multiple reasons to believe that longer term, silver will rebound — possibly returning to levels last seen during the early 2021 Reddit-fueled silver frenzy.

Spot silver has already gained 20% over the last three months.

The potential forces behind silver’s next rally include: monetary demand, industrial demand, low inventories, physical market tightness, peak silver, and the gold-silver ratio.

To read more, go here.