Ezra 6:5 – “And also let the golden and silver vessels of the house of Yahweh, which Nebuchadnezzar took”
Two Of The Most Undervalued Assets
Silver and gold are two of the most undervalued assets. However, silver is looking particularly undervalued.
Some people are choosing to trade in gold for silver right now in order to maximize portfolio value.
Yes, silver prices are low right now, and that’s why it is a great buy. The charts indicate that a bullish break for silver is coming.
Historically, wide gold-silver ratios like the current one precede upward price movement.
Which is why savvy individuals are buying now while silver is cheap.
When you make a year-on-year comparison between July 2019 and July 2020, you’ll see that silver’s price has been steadily rising.
This price increase is one of the highest ever in the market life of silver.
Silver versatility
Silver has more industrial uses than gold, its primary demand driver is the fear of inflation.
The more money a government prints, the less its currency is worth.
People have been stocking up on silver, gold, and other precious metals, which they see as a safe-haven investment.
No one knows when an economic recovery will take place.
By the time people retire, the worth of whatever currency they use in their country might be worthless.
The world is moving into a new era of riskier investments.
Precious metals are the natural option for people who want to avoid inflation.
Why prices change
Silver has always been historically cheaper than gold when you buy by the ounce.
Even millennials are wising up to the value of precious metals.
The value of silver is more stable when you compare it to other stocks.
If gold is overpriced, the market will correct itself soon enough. But if silver is underpriced, people can look forward to making massive gains.
Silver is barely halfway into achieving its full potential. The demand for this precious metal is not slowing down.
Historically, to get an ounce of gold, you would need 80 ounces of silver.
The sentiments of individuals, governments, and private institutions that hoard gold and silver largely dictate their prices.
Conclusion
Get you some Silver. If you want to buy gold then by all means go ahead.
DISCLAIMER: I am not a financial adviser. This site is for educational purposes only. It is imperative that you do your own research. I am sharing my opinion from personal research and experience with no guarantee of gains or losses on investments, finance etc.
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