The Pros & Cons of Investing in Silver Bullion

The comments below are an edited and abridged synopsis of an article by Lorimer Williams

Silver and gold are having an underwhelming year, and many investors are wondering whether buying silver is the right choice. Lorimer takes a look at the pros:

The Pros & Cons of Investing in Silver Bullion | BullionBuzz
Silver bars and coins against a gray background. Selective focus.

1.  Protection: Silver offers protection from political and economic uncertainty.

2.  Tangible money: While cash, stocks, bonds and other financial products are accepted forms of wealth, they are essentially still digital promissory notes, and silver is money.

3.  Cheaper than gold: Silver is cheaper than gold, easier to buy, and more versatile to spend.

4.  Higher returns than gold: Silver is cheaper than gold and will see a bigger percentage gain when the price rises.

5.  History: Silver and gold have been recognized for their value throughout history, so there’s an expectation that they will endure while fiat currencies may fall to the wayside.

6.  Anonymity: Silver offers the same benefit as cash in that it gives users a degree of anonymity with regard to spending.

…and the cons:

1.  Lack of liquidity: Silver may not be immediately liquid.

2.  Danger of theft: Holding silver can leave investors vulnerable to theft.

3.  Weak return on investment: Although silver is a good safe-haven asset, it may not perform as well as other investments.

Bearing the above in mind, investors can reflect on the pros and cons before deciding whether to build up their stockpile of silver. Timing is also an important factor for those who want to reap the benefits of silver.

Please share...

Leave a Reply

Your email address will not be published. Required fields are marked *