yeah not sure about silver like that. Remember silver is
more of an industrial metal vs a precious metal, it's not rare and
price swings a lot with the economy because of supply and
demand. Silver has the highest electrical conductivity of any
metal, hence it's use. If economy or world were to go into a
recession or depression I can't imagine that not hurting silver's
price as there would be less demand. Gold is a purely a precious
metal with limited uses in industrial processes
I think a lot of people focus on silver because it's 10 times
cheaper than gold
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yeah not sure about silver
Don't take your eyes off the big prize. The multi ...
Posted by matt on 29th of Jun 2020 at 08:46 am
yeah not sure about silver like that. Remember silver is more of an industrial metal vs a precious metal, it's not rare and price swings a lot with the economy because of supply and demand. Silver has the highest electrical conductivity of any metal, hence it's use. If economy or world were to go into a recession or depression I can't imagine that not hurting silver's price as there would be less demand. Gold is a purely a precious metal with limited uses in industrial processes
I think a lot of people focus on silver because it's 10 times cheaper than gold