Why Silver Will Continue to Rise - Putting Money in Silver

Many people have been investing in gold and silver over the last decade or so, but have you ever wondered why silver will continue to rise for years to come? There are several reasons, most of which are tied to the current state of the economy of the United States as well as the nature of gold and silver themselves. In this article we’ll take a look at some of the reasons people have invested in gold and silver, as well as how you can get in on the action and make some money of your own.

Silver has become a very popular investment primarily because of its stability. Why silver will continue to rise is most due to the fact that it continues to be in very high demand. It continues to be in such high demand because it has a stable value, and is inherently valuable in and of itself. Silver effectively acts as a physical measurement of wealth, so that even if a currency’s value is in fluctuation, such as is the case with the United States dollar, the precious metal retains its value regardless of the economy. Even though the value of the dollar dropped around thirty percent between the years 2001 and 2004, the value of silver and other precious metals has risen since then by about forty percent.

Another reason why silver will continue to rise in value is that as more and more investors begin to turn to silver to backup their assets, it will become scarcer. Scarcity is the lead factor in determining price (along with demand of course), and although the supply of silver will stay more or less the same, demand has been increasing fairly rapidly. This will continue to drive the price of silver up, and provide high rates of returns for those investing in precious metals.

Gold and silver are such good investments for these reasons. They are safe and secure, so that even if you aren’t looking to make a huge profit but rather just to increase the stability of your wealth, then they are a good choice. They do, however, benefit both long and short term investors because of the steady climb in their value. The main reason why silver will continue to rise is, essentially, because it is such a good way to invest and because so many people will continue buying it

Source by Michael J MacDonald

Why Silver Will Continue to Rise - Putting Money in Silver