Above, Morgan and Peace silver dollars. Photo by Armand Vaquer. |
For people considering investing in silver but need help in how to do so, they're in luck.
Money magazine's website has an article on how to invest in silver.
They begin it with:
Although gold is the most popular precious metal among investors, silver also has strong qualities to consider. While many metal investors find gold appealing because of its historical function as a store of value, silver has numerous uses in the manufacturing sector, with industrial uses that range from renewable energy to auto parts to medical supplies. It’s also more affordable than gold.
Like gold, silver can provide a safe haven during times of stock market turmoil and a hedge against inflation. The metal also remains a highly sought-after commodity with a long history of use as hard currency and for industrial production.
Below, we explore the best ways to invest in silver as well as the benefits and risks to consider.
To read more, go here.
No comments:
Post a Comment