Silver Is On The Rise. Here Are 2 Reasons Why It Could Be More Valuable Than Gold

Investors are currently flocking to gold since it’s a tangible asset that holds its value during inflationary times. However, many investors have regarded silver as a lesser precious metal than gold. 

While gold is rarer and costs more than silver ($1,654 per ounce vs $19.49 per ounce), silver could eventually become more in demand than gold.

Here’s why…

• The Inflation Reduction Act

This was the largest-ever federal investment in renewable energy and will help accelerate the demand for solar panels and related goods. Silver is the main component of these items, which will help it become even more valuable.

• More uses

Gold has some uses like being used as jewelry, in spaceships, and in semiconductors. However, silver doesn’t corrode and is used in various industries like medicine, defense, electronics, batteries, water purification systems, paints and even in photography.

Safely And Easily Buy Silver With Lear Capital!

With Lear Capital, any investor can buy silver in bars or coins. Investors that want additional security and tax advantages can store these in a self-directed IRA.

Lear Capital has been in business since 1997 and has conducted over $3,000,000,000 in precious metals transactions since then.

New clients can even earn up to $15,000 in bonus metals when they open a new account.

Start investing in silver with Lear Capital today!