How to Invest in Silver as An Inflation Hedge
The comments below are an edited and abridged synopsis of an article by Paulina Likos and Debbie Carlson
Silver is popular with investors as one of the most-traded precious metals on the market. It has several fundamental factors in its favour, including a combination of reduced supply and strong demand. Plus, interest in silver is strong amid rising demand for nearly all commodities, inflation worries and a rebounding global economy.
Silver and other hard assets are considered good stores of value in inflationary periods, and silver’s dual nature as both a precious metal and an industrial metal makes it unique. Aside from coins and jewelry, the metal is used in solar panels, electric vehicles, LED lighting, medical devices and other products.
Up for discussion: How to invest in silver; how to buy silver stocks and ETFs; what makes silver special as an investment; and is investing in silver a good idea.
