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RE: Can Anyone Tell Me Why Invest in Silver is good I'm New?

in #bitcoin8 years ago

Because:

  • Silver has always been real money. It has a long history as money.
  • It's a hard asset you can hold in your hand.
  • It protects against inflating fiat currencies. At no time in history have governments printed this much money.
  • It's cheaper than gold. The gold/silver ratio favors silver.
  • History learns silver outperforms gold in bull markets.
  • Silver has a growing industrial use (Each cell phone contains about 1/3 of a gram of silver)
  • on the coin it says 'In God we trust'.
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So it means you buy silver just to hold on to it ? until fiat currency Crush ??

Yes, just lay it aside for at least 5-10 years...