Silver is a good investment
Is silver the shiny alternative to Gold or is Silver a Good Investment? In order to understand this, we need to look at a number of factors including Silver uses, its relationship to Gold, and its value as a hedge against inflation.
The uses for silver are wide and unlike its big brother gold has practical uses such as in Electronics and Medicine. Silver is a very good conductor of electricity which makes it valuable in electronic components and can kill Bacteria and Viruses. With the constant evolution of technology and medicine, we need to use silver to advance our society. Medicine is advancing through technology and we see this as the largest growth area for silver usage. With nanoparticles which include silver in high demand in nanotechnology, we will be able to create nano-bots capable of seeking out viruses and cancers within our bodies and destroying them. Research in the area of nanomedicine is advancing at a fast rate and once a major breakthrough occurs silver prices will increase in value.
Silver also has a historical value fixed to the price of gold and the historical ratio is approximately 50:1. Currently, the ratio is 85:1 such that either the price of gold needs to come down or the price of silver goes up in order to bring this value within its normal range. With inflation at a 40-year high and war in Ukraine causing political unrest gold prices are rising so the only way silver can close the historical gap is to rise in conjunction with Gold.
In our opinion, Silver is a good investment as a long-term hold and we currently have approximately 30% of our holdings in silver at the time this blog was written.
EVAULM is a software-based company that uses its proprietary EVM software to value investments based on underlying value assets. EVAULM is extremely diversified in Canadian Banks, Global Equities, Currencies, Commodities, and Crypto Currencies. Our investments have returned an average of 14% constantly. To learn more about our business, please go to www.evaulm.com