{"id":29455,"date":"2023-06-01T09:22:15","date_gmt":"2023-06-01T16:22:15","guid":{"rendered":"https:\/\/www.advantagegold.com\/?p=29455"},"modified":"2023-06-01T09:22:15","modified_gmt":"2023-06-01T16:22:15","slug":"5-reasons-why-you-should-buy-silver","status":"publish","type":"post","link":"https:\/\/www.advantagegold.com\/blog\/5-reasons-why-you-should-buy-silver\/","title":{"rendered":"5 Reasons Why You Should Buy Silver"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">We live in uncertain times. Information is available in amounts unseen in history. One source might say go, while another says stop.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Whom do you believe? What can you trust? Making that determination seems tougher than ever.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As a result, many suffer from paralysis by analysis\u2014what some refer to as thinking too much. Getting stuck in the maze and not knowing which way to turn typically leads to turning in circles and going nowhere at all. You need clear facts to make clear decisions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thriving amid uncertainty takes great planning and acute decision-making. It may not be enough to prepare for today, fully knowing that tomorrow is coming fast. Great investors plan for both. They choose something good not only for today but something with the potential to be great tomorrow.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That\u2019s why more and more investors who want to protect their present and their future buy physical silver.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Why should you buy silver<\/span><span style=\"font-weight: 400;\">? The list of reasons investors <\/span><span style=\"font-weight: 400;\">buy silver<\/span><span style=\"font-weight: 400;\"> is long and varies according to individual needs. But here are some of the most common:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Silver is cheaper than gold.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Silver is a hedge against inflation.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Silver has historically outperformed gold in bull markets.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Silver is a tangible asset.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Demand for silver is growing rapidly.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Let\u2019s dive a little deeper. Then you can decide for yourself whether you should join the legions of shrewd investors who buy <\/span><strong><a href=\"https:\/\/www.advantagegold.com\/precious-metals\/silver-coins\">silver coins<\/a><\/strong><span style=\"font-weight: 400;\"> online for direct delivery or investment in a <\/span><strong><a href=\"https:\/\/www.advantagegold.com\/blog\/what-is-a-silver-ira\/\">Silver IRA<\/a><\/strong><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Silver Is Cheaper Than Gold<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Some investors <\/span><span style=\"font-weight: 400;\">buy silver<\/span><span style=\"font-weight: 400;\"> because it is cheaper than gold. As of April, 2023, you could buy about 80 ounces of silver for the price of 1 ounce of gold.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Lower prices also mean that silver is more accessible to purchase. Paying $24 an ounce to buy silver coins is obviously more affordable than paying $2,000 for an ounce of gold. With fractional (less than an ounce) choices readily available for both investment-grade silver as well as <\/span><strong><a href=\"https:\/\/www.advantagegold.com\/blog\/what-is-junk-silver\/\">junk silver<\/a><\/strong><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">buying silver<\/span><span style=\"font-weight: 400;\"> is even more attainable for a variety of budgets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Keep in mind that silver\u2019s all-time high price is right around $50 per ounce, which means that you can get a tangible commodity, even in this period of inflation and high prices, for approximately half its all-time high.\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Silver Is A Hedge Against Inflation<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Inflation is tricky. It sneaks in, and before you know it, your dollars have less purchasing power than they did before.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During inflationary times, investors often buy silver and other precious metals to maintain their store of wealth. That\u2019s why you\u2019ll often hear silver and gold referred to as safe-haven assets. When the seas get rocky, silver can be just the strip of dry land investors need. You buy silver coins. You own silver coins. It\u2019s there and will always be worth something.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Inflation can also drive up the price of silver. Because inflation is typically brought on by high levels of consumer spending, an increase in demand for products that rely on silver means that silver prices should increase with the demand for the metal.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Silver Has Historically Outperformed Gold in Bull Markets<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The term <\/span><strong><a href=\"https:\/\/www.investor.gov\/introduction-investing\/investing-basics\/glossary\/bull-market\" target=\"_blank\" rel=\"noopener\">bull market<\/a><\/strong><span style=\"font-weight: 400;\"> describes a situation in which stock prices rise by 20%, usually after stock price declines of 20%. Historically, silver has outperformed gold during these times.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We witnessed this firsthand during a decade-long bull market from 1970 to 1980. During that period, the price of gold multiplied more than 24 times, and the price of one ounce of gold went from $35 per ounce to $850 per ounce by late January 1980.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even more impressive, silver outperformed gold. During that same time period, silver increased from $1.29 per ounce to $50 per ounce.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During the precious metals bull market from 2008 to 2011, we saw the price of gold increase 166%. During that bull market, the price of silver increased 448%.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In some ways, silver outperforming gold in a bull market is tied to the same reason that silver is a hedge from inflation. Bull markets are often accompanied by consumer confidence, which is generally tied to an increase in consumer spending.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When people feel good about their money and their ability to make and save more money, they tend to be more willing to spend that money. When they spend that money, especially in today\u2019s technology-filled world, they spend it on products that contain silver &#8211; such as cell phones, televisions, and computers.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Silver Is A Tangible Asset<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">When you invest in physical silver coins or bars, you get something real\u2014something you can touch and see.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Traditional financial instruments are paper products. Numbers on a screen. Digital promissory notes, if you will. They are, therefore, often at risk of depreciation from money printing and policy changes.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">An ounce of silver will fluctuate in value, just as commodities like gas and oil will, but physical silver has never completely crashed and gone to zero. That\u2019s because it stores inherent, real value. That ounce of silver today will be that same ounce of silver tomorrow, and there\u2019s a finite amount of it in the world. It cannot be printed at the touch of a button.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The only way to invest in physical silver is to <\/span><span style=\"font-weight: 400;\">buy silver coins<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">buy silver<\/span><span style=\"font-weight: 400;\"> bars, <\/span><span style=\"font-weight: 400;\">buy silver online <\/span><span style=\"font-weight: 400;\">or <\/span><span style=\"font-weight: 400;\">buy silver<\/span><span style=\"font-weight: 400;\"> jewelry. That\u2019s about it.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Demand For Silver Is Growing<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Simply put, today\u2019s high-tech world depends on silver to make it go. As a result, silver has never been more in demand than it is now.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Smartphones, laptops, robotics, televisions, and LED lights are just some of the things that depend on silver. And solar panels, the cornerstone of the new green world, cannot currently function without silver. Between now and the year 2030, the world is planning on using, and needs, just for solar, 50 million more ounces of silver than were mined in the entire world in 2019.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Huge increases in demand for a product lead to a strain on the supply of a product. Products in high demand that are low in supply typically experience explosive price growth because consumers are willing to pay more for something that they need but cannot readily obtain.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Invest In Your Future, And Buy Silver Today<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">We have just covered some of the reasons <\/span><span style=\"font-weight: 400;\">why you should buy silver<\/span><span style=\"font-weight: 400;\">:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It\u2019s cheap<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It\u2019s a hedge<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It\u2019s outperformed gold in bull markets<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It\u2019s tangible<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It\u2019s in high demand<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If you want to help protect your assets today\u2014and maybe make them future-proof for tomorrow\u2014then <\/span><strong><a href=\"https:\/\/www.advantagegold.com\/contact\/\">contact us<\/a><\/strong><span style=\"font-weight: 400;\"> at Advantage Gold today, and we will advise you on how to buy silver, and show you how easy it is to get started.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We live in uncertain times. Information is available in amounts unseen in history. One source might say go, while another says stop.\u00a0 Whom do you believe? What can you trust? Making that determination seems tougher than ever.\u00a0 As a result, many suffer from paralysis by analysis\u2014what some refer to as thinking too much. Getting stuck [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":30174,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6],"tags":[42,1248,1249,1250],"class_list":["post-29455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-silver","tag-buy-silver","tag-buy-silver-coins","tag-buy-silver-online","tag-how-to-buy-silver"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/posts\/29455"}],"collection":[{"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/comments?post=29455"}],"version-history":[{"count":0,"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/posts\/29455\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/media\/30174"}],"wp:attachment":[{"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/media?parent=29455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/categories?post=29455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/tags?post=29455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}