Currently, silver is trading at approximately $20 per ounce, and had a 6% return in September 2022. Despite volatile markets with even gold having negative returns during this time.
However, silver has climbed up to $50 per ounce, in 1980 and 2011. The first price run up in 1980 was caused by the concerted buying, both in futures and physical metal by interests associated with the Hunt Brothers from Texas. The second price run up was caused by investors buying relatively new silver ETFs back in 2011.
Since then, the price of silver has been artificially depressed and undervalued. Demand for silver is set to only increase due to the Inflation Reduction Act and the desire for countries to become more environmentally friendly.
These factors could make it an optimal time to invest in silver.
Get An Edge On Investing In Silver With An IRA Via Lear Capital!
Lear Capital provides investors from all backgrounds and nationalities with options to buy silver via bars or coins. Investors that want additional security and tax advantages can store these in a self directed IRA with Lear Capital.
Lear Capital has been in business since 1997 and has conducted over $3,000,000,000 in precious metals transactions since then.
For a limited time, new clients have the opportunity to earn up to $15,000 in bonus metals when they open a new account.
Open An Account With Lear Capital Today!
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