To casual and professional observers, it would seem that silver is grossly undervalued in comparison to gold.
While silver is "glitzy", it also has industrial uses (such as in solar panels).
Finimize has an article which points out that silver could "outshine" gold as an investment.
They start it with:
- While gold is primarily a precious metal, silver's price is influenced by both its demand as a precious metal and its industrial demand. And based on the gold-to-silver ratio, silver appears to be undervalued today relative to gold.
- Demand for silver is rising a lot faster than its supply – a trend that’s mostly driven by the metal’s use in the manufacturing of solar panels. One study forecasts the solar sector alone could exhaust between 85% and 98% of global silver reserves by 2050.
- There are a few different ways to invest in silver, each with its pros and cons. Besides donning jewelry, you can buy physical silver coins or bars, purchase silver futures contracts, invest in silver ETFs, or even pick up shares of silver miners.
To read more, go here.
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