Buying Silver As Part of your Portfolio Makes Sense.
Because of silver’s close affiliation with gold many of their prices correlate, suggesting that silver will be closely priced to gold, even as it fluctuates in the markets. Silver will always have industrial demand worldwide and it is applied to almost everything , for example, since 2001, the use of silver in electrical appliances and metal products have increased.
New applications for silver are constantly being explored, from batteries to semi-conductors. In the long term, silver has proven sustainability on the markets, as it is not an extremely rare metal that relies heavily on demands of socio-political issues and industrial needs.
If you compare the price of silver in the past 5 years to that of gold, silver has gone up 200% to that of gold’s 70%. Technicians are in the belief that the true price ratio between gold and silver should be 45:1 current levels are at 70:1 which would indicate potential value for silver bulls.
Please call 1-416-916-6660 to discuss with a cache specialist for more information on how to add silver to your portfolio.