Silver Bullion - USD
Hedge
The silver price (spot price of silver) is normally quoted in U.S. Dollars (USD) and
tends to go up when the USD depreciates (weakens). One of the reasons, although not always the case, is because
gold and silver prices tend to move in the same direction. It’s no secret after all
that gold tends to increase in price when the USD depreciates. In addition, silver offers a real alternative to
the USD, which consists of non-redeemable paper notes (fiat currency). Silver is money with intrinsic value and can be
used as a currency or medium of exchange. In fact, silver has its own currency code (XAG) which indicates that
it can be used as a currency or medium of exchange. If you don’t believe us, be sure to google 'silver currency
code.'
Invest in precious
metals today! Contact us for
details.
Invest in precious
metals today! Contact us for
details.
Given the virtually uncontrolled "quantitative easing" (a.k.a.
money printing) in the U.S., it’s good to know that one can hedge/protect yourself against USD weakness by
investing in or by owning silver, especially physical silver in the form of silver bullion coins (American Silver Eagles, Canadian Silver Maple Leafs, Mexican Silver Libertads, Chinese Silver Pandas, Australian Silver Kookaburras,
Australian Silver Kangaroos, British Silver Britannia and Austrian Silver Vienna
Philharmonics). Make no mistake; the day the U.S. Dollar dies, it will drag a whole string of
fiat currencies along with it, including the
South African Rand (ZAR). When that day arrives, those not having silver or gold to fall back on, will most
definitely have a tough time protecting their money’s worth.
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