Is silver worth investing in?

One thing I ask myself all the time is if silver is worth investing in? I feel that silver has some potential to be something worth investing in. It seems to be a good way to store away your money for the long run and invest in something that has potential to go up in the near future.

Silver is a good store of value. It is a good way to store your money for the future. It is a way better choice than to store your money as fiat currency. It is a real hard asset with true value. Silver has been used in currency for years in the past.

It is projected that the price of silver will go up in the next couple of years. Many predict that the price will go up...but by how much? We don't know. Some say it could reach $40 to $60 per ounce in the next 5 years. But that is just one prediction. It could be more, it could be less.

The silver price right now is currently $24 per ounce. That is still relatively cheap for silver. In my opinion it is a good time to buy some silver and save it for the future. There is many that predict silver is to go up in the coming years. We don't know by how much but some say it is sure to go up in price. I guess we shall see the price in the coming years.

Some say the price of silver will be going down as well. So that might also be a possibility as well. So keep that in mind it is not a sure bet that the price will go up. If it ever goes down it would be a good opportunity to buy some more silver and hold onto it for the long run.

I personally think any time is a good time to buy some silver and add it to your collection. In the long run it will always have value and there is a good chance in the future it could be worth much more than what it is worth. It could also be worth less than what it is worth now. It really depends. There is no telling as of now what the price of silver will do. It is a good hard asset to hold to store value however.

In the long run I think it is a good choice to buy some silver and hold onto it. It is a good store of value and it is a great hard asset that you can invest in. In the long run I personally think it will increase in value. Especially as the demand for silver increases I think the price for it will increase as well. Silver is already used in so many things as it is, so there is already many demands for it.

Silver has more value than fiat in my opinion, that is why I spent my last paycheck all on silver. I ended up buying a roll of 20 silver eagles with it. I am happy to have it in my collection, but I felt like I spent quite a bit for it. I spent $750 for a roll of 20 silver eagles. It is not the worse deal out there but I just feel like I spent quite a bit on it.

Here is a picture of the predictions for the price of silver in the coming years from coinpriceforecast.com

If the price goes according to the chart, the price of silver will be going up in the next few years. But we don't know how accurate this is going to be. We shall see.

I hope silver goes up like the chart predicts it to. I hope the price of silver skyrockets or at least goes up quite a bit. I feel that silver is pretty undervalued at the moment and it is due for a price correction.

Anyways thank you for listening to my rant about investing in silver. I am by no means a financial advisor so do what you will at your own risk. Steem on!