Silver is considered relatively safe.
When political and economic insecurity is widespread in the world, investors tend to eschew legal tender in favour of tangible assets such as silver or gold.
It's a kind of money.
While stocks, bonds, and other financial instruments are all recognized sources of wealth, they are basically promissory notes. That makes them susceptible to devaluation as a consequence of policies like quantitative easing. Silver bullion is a tangible asset. Although it’s susceptible to market swings, it is unlikely to ever collapse entirely due to its intrinsic worth. Investors also like the variety of purchase options available for silver such as silver coins, silver bullion bars and our exclusive Sprott Silver.
It’s much more affordable than gold.
The affordability of silver means it’s an especially good choice for new investors. It’s also easier to sell in small amounts than gold. The fact silver bullion is more versatile than gold bullion makes it very attractive to most precious metal investors.
Silver provides a greater rate of return than gold.
Because buying silver is inexpensive, it can provide a far greater percentage gain if the silver price increases. Indeed, the price of silver has historically outpaced the price of gold during bull markets. No wonder lots of investors hedge their bets by including silver bullion in their precious metals portfolio.
Silver has been used as legal currency for thousands of years.
This precious metal has long been recognized for its intrinsic worth, and thus there is an expectation that, unlike fiat currencies, it will remain strong. When investors invest in real silver, whether through buying a silver ingot, pure silver, silver coins, or another form of silver, they feel a sense of security that its value will grow.