/biz/ - Business & Finance

Welcome Zoomers, Boomers and old lads. In this thread we discuss why silver is alongside crypto is the ultimate investment

Why Buy Silver? 10 Reasons to Invest in Silver Now

It’s natural and even prudent for an investor to wonder if a particular asset is a good investment or not. That’s especially true for silver, since it’s such a small market and doesn’t carry the same gravitas as gold.

But at this point in history, there are compelling reasons to add physical silver to your investment portfolio (and only one is because the price will rise). Here the top 10 reasons why every investor should buy some silver bullion…

#1 Silver is Real Money
Silver may not be part of our currency, but it is still money. In fact, silver, along with gold, is the ultimate form of money, because it can’t be created out of thin air (and thus depreciated) like paper or digital forms. And by real money, we do mean physical silver—not ETFs or certificates or futures contracts. Those are paper investments, which don’t carry the same benefits you’ll find in this thread.

Physical silver is a store of value, just like gold. Here’s why.

Silver has…

• No counterparty risk. If you hold physical silver, you don’t need another party to make good on a contract or promise. This is not the case with stocks or bonds or virtually any other investment.

• Never been defaulted on. If you own physical silver, you have no default risk. Not so for almost any other investment you make.

• Long-term use as money. A scan of monetary history shows that silver has been used in coinage more often than gold!

As Mike Maloney says in his best-seller, Guide to Investing in Gold and Silver, “Gold and silver have revalued themselves throughout the centuries and called on fiat paper to account for itself.”

Owning some physical silver provides you with a real asset that has served as money for literally thousands of years.

>>10329263
So should I buy philharmonics, maple leafs, or just simple bars?