Precious metals such as silver and gold are 100 persuasive speech topics appealing investments because they hold their value better than paper money. Although the price of precious metals is influenced by international trends, there is no way for central banks to influence the price of metals by printing more money or buying or selling government bonds to expand or constrict money supply. Precious metal supply is determined by the success of mining operations alone, so the price is more stable. In this sense, silver and gold are very similar investments.

Supply and demand pressures make silver a potentially more lucrative investment than gold. Gold supplies continue to increase globally while its use in manufacturing is limited. Silver supplies are decreasing, and it is used in several industrial capacities. With decreasing supply grade my essay online free and steady to increasing demand, the value of silver should outpace the value of gold.

Supply and demand factors may suggest that silver should be a better long-term investment than gold, but these market indicators alone do not determine the value of the metals. Examine in this case cvv carding tutorials this time. The risk of investing in silver is the historical relationship between gold and currency. The gold standard, which was formalized under the Bretton Woods international agreement of 1944 system but had essentially been in place in different forms long before, tied currency values to a specific amount of gold. This way of valuing money lasted until the early 1970s, when the United States backed away from the gold standard to gain more control over the value of the dollar to cope with a balance of payments deficit.

Before the gold standard became the norm, some countries did have a silver-based currency valuation system or a bimetallic system. But silver never became as internationally accepted as a valuation standard as gold. Given the historical tie between gold and currency values, gold tends to weather economic declines better than silver, if for no other reason than investor preference. In addition, most people believe gold to be more valuable than silver for non-economic reasons, which influences the price.

 

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