Silver: There is no Substitute

SOURCE: [Investor Intel] – Silver may be one of the most useful metals known to man and a hedge against inflation, but the price of silver still has a long way to travel before reaching its peak. From industrial applications to its relative value (meaning silver’s attractiveness measured in terms of risk, liquidity and purchasing power), it’s not difficult to make a cogent argument that the white metallic element remains one of the most undervalued commodities.

Industrial uses of silver are abundant. Ranging from manufacturing, nanotechnology and high-tech, silver is an essential component with countless applications. Its unique elemental properties make it impossible to substitute and its uses span almost every sector of industry. That said, silver prices have yet to reflect the growing number of applications and uses for the precious metal, despite so many fundamentals suggesting the price of silver should rise.

When silver peaked in 2011, its price didn’t even match the all-time high set in January 1980. Silver is the only major commodity not to have reached a new all-time high during the past 3 years; silver is still cheaper than it was 33 years ago (without being adjusted for inflation). According to some economists and analysts, silver prices are tremendously depressed.

When compared to energy commodities, gold and even stocks, silver remains

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Silver: There is no Substitute

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