Is silver a good store of value?

[twerdefnce]

i think that silver is not that good of a thing to store your money on, even though its price seems to be kinda stable it cannot make you money, i would go with bitcoins instead

[davis196]

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?

Off course it is.I don`t know why are you asking this question.

I think that the price of silver is more volatile than the gold price so investors can make more profits

investing in silver rather than gold.

[shinratensei_]

i think that silver is not that good of a thing to store your money on, even though its price seems to be kinda stable it cannot make you money, i would go with bitcoins instead

Totally you do not understand about that, it's not about can make profit or not it's just about the place for storing money.

Off course it is.I don`t know why are you asking this question.

I think that the price of silver is more volatile than the gold price so investors can make more profits

investing in silver rather than gold.

You answer in here.

http://www.lbma.org.uk/pricing-and-statistics

[rphk]

as investment wise Gold is better than silver , Silver looks good ,but advantage of gold is you can store it as a Paper gold like gold ETF (exchange traded fund) and you can sell it at exchange same as gold and if you can convert it to real physical gold and use it for jewelry etc.

[wuvdoll]

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?

Why silver again ? and why not we go with gold or even bitcoin.

I mean to ask what is the special feature can enjoy to have silver as store of value. But I agree both gold and silver has continuous market demands and their value appreciations too almost similar. Still, we are moving out of gold towards bitcoin, why we need to consider the third one, silver.

[TastyChillySauce00]

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?

Why silver again ? and why not we go with gold or even bitcoin.

I mean to ask what is the special feature can enjoy to have silver as store of value. But I agree both gold and silver has continuous market demands and their value appreciations too almost similar. Still, we are moving out of gold towards bitcoin, why we need to consider the third one, silver.

the similiarity of silver towards gold make it could be considered as an alternate way to safe your wealth,i think that's why and it's not a wrong thing to save in form of silver due to its stability of the price,just figured out the silver's price statistic this month and i could say it's as stable as gold so why not?

[aesma]

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?

In what country is silver a currency ?

A currency isn't usually a store of value, it's usually worthless, Bitcoin is an outlier for several reasons, mainly because there is a finite number of bitcoins, and adoption is growing, so there is no consensus yet on the value of it.

[Xester]

Yes of course.  You are correct with it was use before as a money already and silver has a value justnlike gold though it was lesser than gold.  But it is also a good investment.  My friend before told me to invest in jewelries made of gold and silver.  Because we might woke up one day that paper money has no more value.  Gold and silver were the top metals that are reall good for investment.  And, did you know that olympic gold medal was actually compose of more silver than gold.  I just read that and I think it is true.

[aesma]

Yes of course.  You are correct with it was use before

as a money already and silver has a value justnlike gold though it was lesser than gold.  But it is also a good investment.  My friend before told me to invest in jewelries made of gold and silver.  Because we might woke up one day that paper money has no more value.  Gold and silver were the top metals that are reall good for investment.  And, did you know that olympic gold medal was actually compose of more silver than gold.  I just read that and I think it is true.

It's true because gold is extremely expensive, and dense, so a pure gold medal would have to be small, and would be too expensive.

You can get a large silver bar weighing 15Kg for about 20BTC, about the same size as a 1,5l water bottle. For the same amount, you can only buy a small 250gr gold ingot, 5cm long !

[justdimin]

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?

Why silver again ? and why not we go with gold or even bitcoin.

I mean to ask what is the special feature can enjoy to have silver as store of value. But I agree both gold and silver has continuous market demands and their value appreciations too almost similar. Still, we are moving out of gold towards bitcoin, why we need to consider the third one, silver.

Yes, silver has very less significance for being used as store of value or currency. But when you are comparing against gold, silver has more industry applications so the demand for silver is keep on rising than gold.

This may be one of the reason, OP is interested to discuss about silver here.

[Chrismeister]

No I think silvers not a good store of value if you want to store some value I would choose for gold because its more stable and also has some good potential to get some nice profits with.
Gold is better and it also has a larger market.

[Capradina]

No I think silvers not a good store of value if you want to store some value I would choose for gold because its more stable and also has some good potential to get some nice profits with.
Gold is better and it also has a larger market.

Yeah you did very. I would also be more supportive and choose gold as an investment or for a store, because gold prefer a very good potential and also being one of the gold more than goalkeepers of silvers. I don't think that silvers will rule the market, because quite a lot of silvers supplies than gold

[mindrust]

I prefer gold over silver. Since you want to store your money, gold takes much less space than silver. While 1 ounces of gold can store 1300$, silver only can store 20$. Gold is a lot better.

[wildworld]

Buying silver is a good idea in combination with gold , palladium and platinum .
You can also buy and Saving them in your safe.
As a forex trader specializing in commodities and precious metals will earn you lots of money if you are experienced .
You can in the short term or long term investment which is the customer's choice.
Bitcoin is also a good investment for a long term. I believe in Bitcoin !

[botany]

as investment wise Gold is better than silver , Silver looks good ,but advantage of gold is you can store it as a Paper gold like gold ETF (exchange traded fund) and you can sell it at exchange same as gold and if you can convert it to real physical gold and use it for jewelry etc.

Gold is not the only currency that is traded electronically, silver can be traded as well.
Plus silver jewellery is pretty common too.
Both gold and silver are called precious metals, and there are reasons for that.

[Denker]

as investment wise Gold is better than silver , Silver looks good ,but advantage of gold is you can store it as a Paper gold like gold ETF (exchange traded fund) and you can sell it at exchange same as gold and if you can convert it to real physical gold and use it for jewelry etc.

If I wanted to store some gold I would definitely not do it with shitty paper gold which is absolutely worthless!Just because some gave you a promise that you could change it for real gold doesn't make that become true!!!
Check the recent Deutsche Banks news for that!
You wanna store gold than only go with physical gold!!
ETFs are just a trading and speculation vehicle for the big players to mess up with the price and fool the small people!!

[bitbunnny]

To my opinion all precious metals have always been good investment, good way to store the money. More or less they all keep their value and I don't think you can lose much, especially on long term. To decide between silver or gold, I'm not so sure, maybe gold has better perspective. But besides the metals I would also invest in Bitcoins.

[zimmah]

I don't think silver will be as useful as gold, since gold can be used in electronics and other uses,
but silver will still always have some value, and has had slight gains recently.

I'm sure its a pretty safe investment. I don't see the value going down, but you probably won't get a huge return on your investment.
If you are okay with a slight profit its definitely solid.

silver has very similar properties as gold and is also used a lot in electronics and other applications.

silver is also a pretty reliable store of value. and much cheaper to get into than gold.

[yayayo]

I don't think silver will be as useful as gold, since gold can be used in electronics and other uses,
but silver will still always have some value, and has had slight gains recently.

I'm sure its a pretty safe investment. I don't see the value going down, but you probably won't get a huge return on your investment.
If you are okay with a slight profit its definitely solid.

silver has very similar properties as gold and is also used a lot in electronics and other applications.

silver is also a pretty reliable store of value. and much cheaper to get into than gold.

In fact it's exactly the other way around. The usage of gold in real world applications is minimal compared to its use as a jewelry and investment metal (gold coatings in electronics - while highly visible - are extremely thin). A much greater percentage of produced silver is used for real world applications, not only in electronics (soldering, high conductance applications, solar panels, batteries) but also increasingly for medical purposes (making use of its germicidal properties).

Silver has both the best electric and temperature conductance of all metals. This is a perfect setup for increased use in future technologies in a world that relies more and more on electricity.

The industrial relevance of silver can be noticed by it's price reactions to economic downturns. It tends to be affected much stronger than gold. However in times of high inflation, silver is a much sought for safe-haven asset and tends to perform better than gold. In that regard it has a dual character as being both an industrial commodity and an investment object.

ya.ya.yo!

[shinratensei_]

I don't think silver will be as useful as gold, since gold can be used in electronics and other uses,
but silver will still always have some value, and has had slight gains recently.

I'm sure its a pretty safe investment. I don't see the value going down, but you probably won't get a huge return on your investment.
If you are okay with a slight profit its definitely solid.

silver has very similar properties as gold and is also used a lot in electronics and other applications.

silver is also a pretty reliable store of value. and much cheaper to get into than gold.

But I think it's not having differences than using gold, but I think the silver rate is more sensitive comparing than gold and gold is always in front of than silver. Correct me if I'm wrong.