INVESTING IN SILVER
Over the course of time, silver bullion has been a mainstay of the world’s financial markets. The durability, malleability, and industrial importance of silver still remains constant to this day, as well as the inherent value of silver as one of the preeminent precious metals. Unlike gold, however, silver is constant demand for industrial purposes, aside from its uses in jewelry and other luxury items. Due to silver’s ideal properties including strength, ductility, conductivity, and malleability, silver investing has only increased in demand due to industrial and manufacturing activities over the past thirty years.
HIGH INDUSTRIAL & MEDICAL DEMAND
Aside from the constant demand of silver stemming from industrial and manufacturing industries, the healthcare industry also utilizes a large amount of silver in their medical practices and procedures due to specific antibacterial aspects of silver. In burn wards in hospitals across the country, a medical device known as the “silver bullet” is utilized by healthcare professionals to prevent bacterial infection in burn victims on a regular basis. The dressings of the burn victims’ wounds will incorporate a layer of bandage incorporating silver, which prevents secondary infection in suffering burn victims. Additional, countless other amounts of silver are being utilized in studies and efforts to prevent the spread of disease stemming from silver’s special microbicidal traits.
SCARCE RESOURCE
Precious metal industry experts have concluded that nearly ninety-five percent of all the existing silver extracted from the earth in the past has been utilized already in industries across the world. This silver, in turn, was consumed in these processes, and is no longer available for consumption by either industry or individuals. For example, at the turn of the twentieth century, an estimated twelve billion ounce of silver existed globally. Currently, there is less than three hundred million ounces, only a fraction, available in a refined fashion today. For an investor familiar with the current price of silver, the entire lot of existing silver in the globe above ground and refined could hypothetically be purchased for around only four billion dollars.
The consistent influx of the world’s economies trending towards a global and much more macroeconomic forum, coupled with the geopolitical volatility in many regions, makes a very profitably opportunity for financial analysts taking a serious look at the silver market. The consistent and continued demand for silver, either in industry or as a luxury good, makes the future of investing in silver seem very bullish indeed.
HIGH INVESTMENT RETURN POTENTIAL
A decent number of the globe’s most savvy and renowned financial analysts have indeed already capitalized on the outlook and current demand of silver and silver investing already. As silver retains its inherent demand throughout the globe, as well as the upside potential in the silver market, many silver investors have already begun to profit from their investments in one of the globe’s most important commodities.
