Silver the New ‘Gold’?
With even Bernanke saying that people hold gold as “a protection against… really, really bad outcomes.” Very seldom does anyone seem interested in talking about silver.
Even though the potential for silver to appreciate could be many times that of gold right now.
Silver prices remain well below the all-time high of $50.35. This was reached some 30 years ago way back in the 1980s. Unlike gold, silver is 98% consumable and most silver, such as the metal used in electronics, is not recoverable. Silver has become increasingly difficult to mine, all whilst the demand for silver has been growing rapidly. Could silver be the next ‘Gold’, quite possibly..
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