October 4th, 2024
It's only a matter of time until the economy takes a turn for the worst. Uncertainties have been affecting the economy's health, and the likelihood of these issues going away is slim to none.
Pick your poison: indecision from the Federal Reserve on interest rates, the weakening of the U.S. dollar, increased volatility in equity markets, or a collapsed oil market....
With all of these uncertainties, smart investors are migrating to precious metals for a financial safe haven. Gold has been the go-to precious metal because it's the most well-known... But it's time to re-evaluate that investment decision.
In recent history, silver has gained around 42%, while gold has only provided a 27% gain. Silver has a level of accessibility that gold just can't compare to.
CoinInvest.com director Daniel Marburger recently said this about silver's growing demand from investors:
90 percent of the company's orders in the past three days had been for silver, compared with more typical demand of 70 per cent to 80 per cent for gold.
Silver also has utility demand that gold never will. Silver is not only a precious metal but also an industrial metal. Many leading industries depend on silver to produce their products.
The solar power industry this year has accounted for 13% of silver's industrial demand. As more consumers are shifting towards using solar power, this will significantly increase the demand for silver.
Point blank, silver is the best of both worlds. It has safe-haven characteristics that precious metals hold, while also having lucrative demand from many different industries.
For those of you who want in on the action, we're offering our latest, limited-time-only report, “Silver is Soaring: 3 Silver Stocks to Invest in Today,” completely free of charge.
Inside, you'll find out:
- Why silver is gaining in the market
- The type of demands silver has
- The effects market uncertainties have on silver
- Three (3) of our favorite silver mining stocks
Simply enter your email in the box below to receive your report immediately. There's no cost or obligation whatsoever.