Home > 925 Silver We Have Found 3 Products for your search of 925 Silver. Displaying Items 1 - 3:
Metal
Color
Why Does the Falling Dollar Value Help Silver?
by Andy Henry
If you've seen people talking about why silver is now a better investment than ever before and wondered what they mean, you'll hear references to many things that make this prophecy an ever increasing reality.
In this post we're going to briefly consider the economy and how that affects silver.
You're probably aware that there are no new silver mines opening and that the silver mines there are have been largely depleted. This underlays the whole situation and means that because silver gets used in many processes and is not being discovered fast enough to replace it.
So, on to the economy - in particular the value of the dollar.
You may think that there's not much difference between putting $1000 of cash in the bank for 30 years and holding on to $1000 of silver for 30 years - but due to inflation and socio-economic fluctuations, you'll find that even if inflation and percentage of interest on your money might seem like it would increase in value over those years, but in reality what's more likely is that even if the interest on your money meant the amount increased, what you could buy with it in 30 years wouldn't really have changed (because prices go up constantly too).
With your silver - the demand outstrips supply and your silver would become increasingly more valuable over those years and end up giving you many times more real value in what the silver is worth.
The current climate sees the US dollar becoming increasingly less valuable. With rumours that global forces are intentially trying to tank the dollar in favour of using other currencies as the standard for quoting prices, the outlook for the dollar is not good.
Historically when this situation occurs people (the money) turns to precious metals and gem stones.
Silver, currently at around $20 an ounce has previously been to over $60 an ounce when the dollar was weak.
The future looks to see this situation on even bigger scales.
Andy
About the Author
Andy Henry is a published author and regularly writes in the fields of Business, Psychology and Marketing. You can find more from Andy on silver and investing in silver at: nowinvestinsilver.com
Tip: Cleaning Sterling Silver Jewelry
A super easy way to clean up tarnished jewelry. As a jewelry designer, I use this all the time! www.prismera.wordpress.com.
|
|