Is it smart to stack silver?
Investing In Silver In 2022 - Why NOW Is THE Time To Stack ... - YouTube
“Silver Stacking” is definitely more popular than “Gold Stacking” because of its lower cost allowing for a larger “stack”. This is a great way to invest in the precious metals and have fun at the same time!
If inflation continues to rise and reaches double-digit values through 2022 and 2023, the price of $100 an ounce for silver could be possible. Consider that in 2021, we saw inflation rates averaging around 5%, which was the highest rate since 2008.
While silver can be volatile, the precious metal is also seen as a safe-haven asset, similar to its sister metal gold. Safe-haven assets can protect investors in times of uncertainty, and with tensions running high, they could be a good choice for those looking to preserve their wealth in difficult times.
A $500/month supplement would need 300 ounces of silver to get through one year, or 1,500 ounces for five years. If you want $3,000/month, you'll need 1,800 ounces for one year, or 9,000 if it lasts five years.
How To Stack Silver & Make Money (BEST VIDEO) - YouTube
Silver remains an exciting investment opportunity for 2022 and beyond. The argent metal is known for its higher volatility compared to gold—a characteristic which was clearly on display over the past year in 2021.
Using the current silver price of about $25 per ounce, a 10-year bull run could put the price of silver anywhere from $150 to $750 per ounce. The $750 figure would probably mean that we are in a hyperinflationary environment.
Though prices have gone down in these periods for the year, it has also been observed that the lowest price of gold and silver have been higher than the lowest price of gold and silver in the previous year. So, the gold bar price in mid-June 2022 will still be higher than the price of gold in mid-June 2021.
In 2022, mine production is expected to increase by a mere 2 percent to 843.2 million ounces, while overall global silver supply is expected to also increase by 3 percent to 1,030.3 billion ounces. The growth in silver mine production is expected to continue over the medium term.
What will silver be worth in 5 years?
These five years would bring a significant increase: Silver price would move from $27.86 to $60.55, which is up 117%. Silver will start 2024 at $27.86, then soar to $31.23 within the first six months of the year and finish 2024 at $34.10. That means +50% from today.
The Silver Institute says industrial demand for silver will rise in 2022. They project a… 13% jump in photovoltaic demand (and triple by 2030). 10% gain in the electrical/electronic sector.
The short-term price prediction for silver is set at $16.91/toz by the end of 2019, according to the World Bank. The long-term prediction to 2030 forecasts a significant drop in the commodity's price, reaching $13.42/toz by then.
That is because the U.S. dollar would essentially be worthless if it were to collapse in value. In a sense, the price of silver would be infinite if measured in terms of the U.S. dollar!
Silver is more volatile, cheaper and more tightly linked with the industrial economy. Gold is more expensive and better for diversifying your portfolio overall. Either or both may have a place in your portfolio. Arguably the best use for gold as an investment is to mitigate portfolio risk.
Gold has a much larger liquid market with investment and jewelry demand essentially driving it. Gold is less volatile than silver since it falls less in a bear market and rises less in a bull market. Gold takes up less space to store than silver since the latter requires 128 times more storage space.
Simply put, a 'silver stacker' is someone who collects physical silver pieces (normally bullion) and quite often has targets of accumulating a certain volume of the precious metal within a certain timeframe.
Those individuals who buy and hold quantities of precious metals for the primary purpose of investing are known as stackers. Similar to collectors, stackers may have some interest in the beauty, design and rarity of certain coins, but their primary objective is to buy precious metals in order to invest.
| Silver Spot Prices | Today | Change |
|---|---|---|
| Silver Prices Per Ounce | $20.37 | +0.41 |
| Silver Prices Per Gram | $0.65 | +0.01 |
| Silver Prices Per Kilo | $654.90 | +13.18 |
