When someone mention that they invest in precious metal, the first thing that strikes my mind will be gold bars. There are people who invest in silver. Silver may sound cheap to us coz most silver jewelry is way cheaper than gold. I am not talking about investing in silver jewelry. Invest in silver bullion.
According to Monex, the world demand for silver now exceeds annual production, and has every year since 1990. It is because since the end of WWII, the U.S. government has dumped billions and billions of ounces of silver bars onto the world market, effectively depressing silver prices. Today, that government silver hoard is gone . . . and now the U.S. government is a silver buyer.