Welcome to Admin Junkies, Guest — join our community!

Register or log in to explore all our content and services for free on Admin Junkies.

Is silver worth it?

Grant

Captain Junkie
Joined
Oct 27, 2020
Messages
10,202
Credits
0
I know gold is huge right now, but what about silver. How much money is there in silver these days? I feel like it's probably a lot less than gold, but I am curious to know if there is any significant worth to silver. Should you invest in silver?
 
Advertisement Placeholder
Yes, although the gold market is huge, and is the number 1 asset in market capitalization today, silver has also been an asset to consider for a long time, although this last year has not behaved as it should or has not acted similar to gold, which reached historical highs, Its performance over time has been good and it is an asset to consider for example to save money on it and protect yourself from inflation.
 
Silver is a precious metal that has been used as a store of value and a medium of exchange for centuries. Like other precious metals, such as gold, silver is often seen as a hedge against inflation and a safe haven investment during times of economic uncertainty. The value of silver, like any investment, can go up or down. While some investors view silver as a long-term store of value, others may engage in shorter-term trading strategies to capitalize on price fluctuations.
 
Actually investment in silver is a very good idea and I believe you might be aware of the risk involved in such kind of investment even though it's highly profitable based on long term investment rather than short term investment.
 
I know gold is huge right now, but what about silver. How much money is there in silver these days? I feel like it's probably a lot less than gold, but I am curious to know if there is any significant worth to silver. Should you invest in silver?

Honestly, I have never considered investing in Silver all my life because I have been captured by gold in such a way that I don't reason to invest in any other metal apart from that shiny gold. It's also why I trade it on FOREX too.
 

Log in or register to unlock full forum benefits!

Log in or register to unlock full forum benefits!

Register

Register on Admin Junkies completely free.

Register now
Log in

If you have an account, please log in

Log in

Would You Rather #9

  • Start a forum in a popular but highly competitive niche

    Votes: 9 27.3%
  • Initiate a forum within a limited-known niche with zero competition

    Votes: 24 72.7%
Win this space by entering the Website of The Month Contest

Theme editor

Theme customizations

Graphic Backgrounds

Granite Backgrounds