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Author Topic: Is silver a good store of value?  (Read 2534 times)
Wind_FURY
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September 15, 2016, 07:43:48 AM
 #61

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?

Precious metals will always be a good store of value as long as there is a market supporting it. But let me ask, why silver? Why not go for gold instead? If I had to choose between gold and silver I would certainly choose gold to hold my wealth. But between silver and Bitcoin? It is close but my decision would lean towards Bitcoin.

It is also a good time to start hoarding as much precious metals, be it silver or gold as you can because the next financial crisis could come anytime soon. I would also suggest mixing some wealth storage in Bitcoin too. There was a reason why Satoshi created, developed and then released Bitcoin right after the 2008 financial crisis.

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September 15, 2016, 05:49:31 PM
 #62

Silver is not credible. I keep their savings will not be in this precious metal. Sioimost very low in comparison with gold. And a small increase in cost.
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September 15, 2016, 06:02:06 PM
 #63

If you want you can store some amount of your money in silver. Your capital will be secured in silver but you cannot expect a high profit from investment in silver as the price of silver is mostly stable and the fluctuations are very much smaller. I will not choose silver for my investment as I have the option of bitcoin for investment.

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September 15, 2016, 10:55:52 PM
 #64

Yeah it is a good store of value from centuries we are seeing that silver is a precious metal and it fluctuates in price a little and it do not drop in value so if you will keep your money in silver then you will not have to fear about its loss.
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September 16, 2016, 01:33:31 AM
 #65

If you want you can store some amount of your money in silver. Your capital will be secured in silver but you cannot expect a high profit from investment in silver as the price of silver is mostly stable and the fluctuations are very much smaller. I will not choose silver for my investment as I have the option of bitcoin for investment.

How about gold? or platinum? But i think gold is a good one. prices also fluctuates but could be minted into jewelry and it has a good appeal. Bitcoin is also a good one but i dont want to punt all my currency there as it is also not stable. But for the time being, its moving upward.

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September 16, 2016, 07:53:09 AM
 #66

For me silver is just an ordinary accessories. You can buy silver in a short money if you want. But if selling silver you talk you can earn profit in it because many person wants to buy silver because it is beautiful accessories and luxirous. Silver also can mold to convert into good one.
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September 19, 2016, 02:18:36 PM
 #67

Silver is also worth money but we know that it is not worth as much money as gold but you can try to store silver if you want.
If you have much silver then I am sure that you will we able to make quite allot of money with it.


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