Why Many Prefer Silver Over Gold When Investing in Precious Metals

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More people are buying precious metals as a store of value to hold in lieu of cash.

There are a lot of reasons why silver is superior to gold, beyond the most obvious.

Although silver is up over 100% since the start of the pandemic, most believe there is much more upside potential with silver relative to it’s current value.

Silver Institute Report Shows Strong Demand Across All Supply Chains

Silver coins on the background of the growth chart

Investor demand continues to drive up prices for physical silver bullion. Supply chain disruptions at the start of the pandemic led to depletions of wholesale and retail bullion inventories resulting in the prices of physical bullion become far removed from following the paper price.

The US Mint continues struggling during periods of high demand due to ongoing supply chain issues plaguing domestic planchet suppliers.

Storing Silver at Home

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It is a good idea when storing silver at home to be prepared range of possibilities. It doesn’t take very long to fill a box or small safe with shiny metal.

So when you are investing in a safe it is a good idea to plan ahead. A good home safe can be a significant investment that you don’t want to find yourself repeating every six months to a year.

Which dealers sell silver at spot price deals?

silver at spot price deals

Silver spot price deals are an incentive for new customers to buy silver from a dealer that they may not have bought from before.

Smaller dealers that offer a silver at spot price deals use it as a way to earn the trust of a new customer. Showing a new customer the quality of their customer service, allows the dealer the opportunity to contact that customer after the first transaction to show the customer that they offer better pricing than the big guys.

Bitcoin Investors Buy Silver Bars as Fed Develops CBDC Blockchain Competitor

10 oz silver bullion bars

Many trusted and reputable online bullion dealers have made it easy to buy 10 oz bars with bitcoin as a payment method. Several dealers integrate Bitpay wallet and other wallet to payment gateways and exchanges to provide some assurance that transactions will occur with discretion and privacy.

What is the difference between poured and cast silver bars?

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Both poured and cast silver bars start with melted or liquified silver that is then poured into a mold. The difference mainly depends on the mold itself.

Both poured and cast bars can have a similar look to them as they are both poured silver. Other types of silver bars, such as those that are manufactured using stamping or extruded methods will look distinctly different.

What are Secondary Market Silver Bars?

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Often, dealers will buy entire portfolio or a collection from an individual investor that is divesting all or some of their portfolio. This is often driven by dealer buy back offers, but also the trade with local coin shops, pawn shops and other retailers.

In some cases, the dealer will then offer these items for sale, sometimes listing them on their website as random generic silver bars.