Since we tend to talk a lot about gold, we thought it would be beneficial for you to hear a little bit about how silver is doing. We have said it before and we will say it again, diversification is key to any successful investment portfolio. Precious metals like silver are a great avenue for keeping your money spread out and safe. Let’s look at how silver has done over the last year.
Silver in 2015
Let’s take a look at what silver did in the last year.
Silver Vs. Gold
As one can see above, silver has slowly decreased over the course of the year. However, it’s still worth about $14 (USD) per troy ounce. As there is over 1,400,000 tons of silver in the world, it’s easy to say it’s not as valuable as gold. We still believe that silver is a good place to get your investment portfolio on the right track. Like gold, silver is a hedge against inflation and, with more of it out there than gold, it is easier to access and hold in large amounts.
Like we have mentioned, gold is clearly the more valuable precious metal with it coming in at around $1100 (USD) per troy ounce. When put against the stock market, both are on the decline but with the volatility of the stock market it would be best to have some physical assets in your portfolio. Take China’s stock market for example. In the first few weeks of 2016 their stock market started free falling. This resulted in other markets around the world falling as well. This is exactly why your money would be better placed in multiple avenues instead of just the volatile market.
Get Started With Landmark Capital
Landmark Capital has the utmost faith in precious metals. That is why we believe it is time for you to get your financial blueprint from one of our fine associates right away! Don’t hesitate, just call 877-448-2646 and Contact Us today!
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