{"id":22017,"date":"2020-04-07T20:00:25","date_gmt":"2020-04-07T20:00:25","guid":{"rendered":"https:\/\/mmil.wpengine.com\/?p=22017"},"modified":"2020-04-07T20:00:25","modified_gmt":"2020-04-07T20:00:25","slug":"is-silver-bullion-a-good-investment","status":"publish","type":"post","link":"https:\/\/makemoneyinlife.com\/is-silver-bullion-a-good-investment","title":{"rendered":"Is Silver Bullion A Good Investment?"},"content":{"rendered":"

<\/b>When it comes to investing your money, you will have a wide range of choices to make. The major challenge is that you may not know which investment option to pick over the others. You have to know what you\u2019re doing when it comes to investing, otherwise it\u2019s like trying to<\/span> apply for a secured credit card with no credit history<\/span><\/a>.<\/span><\/p>\n

Buying precious metals is one of the most widely<\/span> accepted forms of investments<\/span><\/a>. In that light, investing in silver bullion is increasingly gaining popularity. However, with so much hype that surrounds silver, you could be wondering if silver bullion is really a worthy investment.<\/span><\/p>\n

Today, the purpose is to outline the main reasons why investing in silver bullion is a good option for investing.<\/span><\/p>\n

Silver Has a Wider Industrial Application than Other Precious Metals<\/b><\/p>\n

About 50% of all silver is utilized in different industrial applications as opposed to 12% for gold. Many things that we use in our daily life are composed of silver, including electronics, biocides, batteries, jewelry, and solar panels.<\/span><\/p>\n

Moreover, today\u2019s medical industry depends significantly on silver. Not only for sophisticated medical equipment, like operating room devices, but also the simplest of tools, such as bandages.<\/span><\/p>\n

Global Demand for Silver is on an Upward Trend<\/b><\/p>\n

Almost every major government mint has seen a drastic increase in silver sales, with many of them already operating at optimum production. The<\/span> skyrocketing demand<\/span><\/a> has been mostly experienced in India and China.<\/span><\/p>\n

These two great markets have, for the longest time in history, been known for their cultural love for precious metals. In light of this fact their populations are also growing at a rapid pace, you can only expect the demand to grow even further.<\/span><\/p>\n

Silver is Real Money<\/b><\/p>\n

While it may not be part of your currency, physical silver is still real money. It\u2019s unlike paper or digital money, which can be made from thin air and hence depreciate. In fact, paper and digital investments cannot deliver the kind of benefits you\u2019ll reap from silver investments.<\/span><\/p>\n

Silver is a store of value, and it has:<\/span><\/p>\n