Why should you stack silver?

in #steemsilvergold2 years ago

silver-coins-stacks.jpg

Silver is a cheaper alternative to gold when it comes to investment. Silver is very undervalued at the moment, and it is much cheaper than gold. That means if you do not have a bunch of money to invest, silver can be a good option for you since it is much cheaper.

Silver is now more rare than gold apparently. There are a lot of industrial uses for silver. It can be used for so many things.

Historically, silver has been used in currency more than gold. It is also used for things such as electronics and many other things as well.

Silver is projected to possibly go up in price per ounce in the coming years. I don't know by how much but supposedly the price should be going up in the future. Right now it is fairly cheap and a good time to start buying some physical silver.

Silver is a good hedge for inflation. It is real money and holds real value. It is used for many things and has intrinsic value. It is the ultimate form of money and it cannot be created out of thin air. It takes a lot of time and effort to mine silver, let alone turn it into a coin or a bar.

Silver is a good price for you to get started stacking, and it is easier collect more silver since it is much cheaper than gold. Silver will probably not be as cheap as it is now in the future, so right now would be a good time to start buying some if you have some money to invest.

Anyways I think silver is a good choice when it comes to finding a precious metal to stack since it is highly undervalued at the moment. Hopefully the price goes up by a lot. The price has been low for a while now, so I think it has been a good while since you have been able to get silver for a semi cheap price per ounce. The more silver for your money, the better. You do not need premium coins to start stacking, you just want as much pure silver as your dollar can stretch.

Anyways thank you for reading my post on silver. Steem on!

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On the "other-side" of the U.S. Monetary Correction, I have good reason to believe that each one of your Silver Eagles, can be Exchanged for a Corrected One Ounce, $10 Silver Coin, that will have the Spending Power of 1,000 of today's Fiat USD's... So, you're correct in writing that Silver is undervalued... You did good, but you could have done better with Common U.S. Coinage... In other words, (in my opinion) you could actually get a Bigger Bang for your Buck, by stacking Common U.S. Coinage...

Im collecting common coinage as well. I put most of my money in silver and gold though.

I did the same as you, until I figured out the true value of our Common U.S. Coinage... Now, I'd sell my Gold and then my Silver first, before I'd ever think of selling my Common U.S. Coinage...