Buying silver bullion has always made sense. Silver is a safe, reliable investment which, as history will show, tends to do
nothing buy gradually increase in value over time. Whether purchasing silver via silver coins or silver bars, it really did not matter – buying silver just made perfect sense.
In today’s marketplace, especially in the relatively uneasy wake of the plummeting stock market in an already shoddy economy, investing in silver is smarter than ever. During poor economic times – or, at least during what are considered times of economic insecurity – the safe route has always been to purchase the precious metals: gold, silver, platinum, palladium.
Gold and silver have traditionally been the more stable of the precious metals. Platinum and palladium are more prone to large spikes and dips in value, meaning that investors can gain a good amount of money if they invest at the right time, but they can also lose the majority of their investment if they buy platinum or palladium right before a dip in value.
On the contrary, gold and silver are much less likely to experience rapid dips in value. These more stable metals even tend to go up in value during hard economic times. When the marketplace gets shaky, investors get uneasy very quickly, especially investors who have purchased large amounts of some stock which could dip in value quickly. And when these investors get uneasy, they turn to gold and silver to invest their money in.
This was the case recently during the stock market plunge. In fact, so many investors turned to gold that the value of gold surpassed the value of platinum for the first time in history. All money in the United States is backed by gold, so gold will always retain value.
Though not as extreme, the case is very similar for silver. The value of silver will most likely not surpass the value of gold any time soon, but silver is equally stable. Silver bullion and coins can be had for a lower price than gold bullion and coins, so investors will often put at least some of their money into silver. For hundreds of years, silver has gradually increased in value, and there is no reason to believe the trend will not continue for the next few hundred years. Investing in silver may not pay the same kind of dividends that a gold investment will, but it is equally as safe, if not safer.