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Silver: Whether a commodity or a currency, it’s still a buy

Posted on 14 June 2013

When most people think of precious metals, gold is what springs to mind. Silver, the less glamorous shiny metal, gets forgotten. If it is remembered at all, the temptation is to lump it in with the yellow stuff as the Kardashians of the financial world; pretty to look at and interesting at times, but fundamentally of no use to society.
This is the case with gold, and I would therefore argue that investors should look at gold more as a currency than a commodity. Silver, on the other hand, does have significant industrial uses. Indeed, industrial applications typically take up around half of the annual global production………………………………………..Full Article: Source


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VRS - who has written 38939 posts on Opalesque Commodities Briefing.


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