Silver: beautiful, practical and another great option for diversification! Like gold, silver has served both as a means of exchange and as a crucial industrial element throughout man’s long history.
Practically speaking, silver has more industrial applications than gold, including use in photography, medicine, electronics, chemistry, telecommunication, computers, and aerospace.
Silver’s Run in the 70’s
During Lyndon Johnson's presidency, inflationary policies led to increases in the value of real money, including gold and silver. Consequently silver was removed from most U.S. coinage (the term is “demonitized.”). It soon began a run that would culminate into $52 silver (up from $2 an ounce) by 1979. That would prove to be an historic 2,500% gain!
How to Diversify with it
Silver tends to move in concert with gold. In fact, there’s a recognized historic price ratio with gold.
And, like gold, it too reacts favorably when rates of inflation, precipitous world events, and interest rates are stimulated...but it can also act independently of these economic factors in certain forms (such as numismatic coins).
Still, there’s enough of a divergence with the movement of gold that investors can benefit by the possession of both.
Consider diversifying your paper and gold holdings with silver. The most liquid and tradable silver comes in bar and coin form. The most popular coins are the American Eagle and the Canadian Maple Leaf one ounce coins. These silver coins can be viewed, priced and purchased by Clicking Here.
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Purchase Bullion**The statements made in this website are opinions and past performance is no indication of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. LCI cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer's decision alone, and purchases and sales should be made subject to the customer's own research, prudence and judgment.