The Visual Capitalist “Silver Series” and why you should check it out
October 31st, 2013We just returned from an awesome conference in Spokane, WA that revolves all around the world of silver. We find some of the best support, voices, and education there. (that’s why we fit right in ).
Many of our followers and fans have come to us from the precious metals community, however many have come from the comic/pop culture world and the political world. The latter two will appreciate just what it means to invest and believe in the intrinsic value of silver…The Visual Capitalist took the daunting task of laying it all out through the fun and easy to read style of info-graphics.
Most people talk about precious metal investments as if it is some archaic way of preserving wealth. Well…it is; it’s been used since 542BC and maybe before! However it is a resilient metal, not just literally, it has stood the test of time as being the preferred metal used for currency. Here are a few reasons why:
The most promising thing about silver as an investment is its importance to the technology industry. The computer you’re working on, the cell phone you have, game consoles, EVERYTHING has silver within it. As we all know, technology is doing nothing but speeding up and growing, thus silver’s role is growing too. As an investor the use and demand for your commodity is important. It drives up the price and you win (barring other factors like government intervention)!
As a form of money, it has starred in many stories that you can read about. The most troubling is in the US, in my opinion, where gas was once $.10 a gallon and now it IS STILL $.10 a gallon…if you’re using a dime from before 1964 when they were made of 90% silver. Silver as money works. It keeps governments and people honest (save a few counterfeiters here and there). It holds its value, where as creating a coin made out of other cheap metals only fools the population into an inflationary spiral. The US isn’t the only country to have experienced this corruption within the coinage of its money.
What’s so beautiful about the Visual Capitalist’s work is you can read through these fun info-graphics and learn so much so easily!
Thanks again guys for this “Silver Series”! It was great hanging with you all at Silver Summit!