Valcambi Silver Bullion Bars
Silver bullion is a very popular choice for investors because of its relative low cost compared to bullion of other precious metals. Along with gold, silver has been used for thousands of years as legal tender and as a way to keep wealth.
Speaking broadly, the price of silver generally tends to move in a similar direction as the price of gold. However, much less silver is traded than gold, which can make the silver market much more volatile than the market for gold.
There are several factors that can influence the price of silver. Some of these factors include the way the asset is traded. For instance, because the volume for silver trading is low, someone who buys or sells a large amount of silver at one time can impact the price significantly.
Additionally, the silver market has been manipulated and sold short in the past.
Silver is a widely used industrial metal. In fact, some experts suggest that over 90 percent of all mined silver has been used and can never be recovered. In addition to several medical supplies, silver is used in electronics and jewelry.
Silver bullion is a popular investment throughout any economic period, but it is a popular investment especially when there is an economic downturn. Much like with gold bullion, investors flock to physical precious metals when paper assets become devalued or there is a currency crisis. Silver, much like gold, also provides a hedge against future inflation.