Hello my lovely finance-interested people here on HIVE,
there are a few asset classes I love in times of uncertainty as an investor. Very high up in the rankings are commodities and precious metals. Those two will both profit from a landscape with high(er) inflation. My focus right now is on silver, because it has the most promising capital appreciation in the near future. First of all it is a precious metal that has inherent value in opposite to fiat currencies. It is not possible to "print" more silver or gold...it is a limited resource. As you might have heard central banks around the world start hoarding even more gold lately and it is something the were doing for a long time in the past centuries as well. What is now right now is that they are starting to add silver to their balance sheets. Silver production right now is less than what the industry needs. If there is also buying from governments price can and will increase big time.
What is your take on silver right now?
