Why silvers affordability makes it a global game-changer
hive-167922·@welshstacker·
0.000 HBDWhy silvers affordability makes it a global game-changer
<center> [SOURCE](https://investingnews.com/media-library/silver-bars-with-charts-and-graphs-related-to-the-silver-price.jpg?id=34647913&width=1200&height=800&quality=85&coordinates=0%2C0%2C0%2C1)</center> In the crazy realms of precious metals, Silver stands apart from its illustrious counterpart, Gold. Unlike Gold, which often assumes a stable role as a store of value, Silver's price dances between two distinct identities – one as a cherished treasure and store of value and the other as an indispensable, imperative and important industrial asset. This dual nature results in Silver's market being a cauldron of volatility, far more tempestuous than its big brother golden counterpart. While Silver frequently shadows Gold as a precious hoardable commodity, its fate is equally tethered to the ebb and flow of industrial supply and demand. For centuries, Silver has adorned the stage of commerce as a form of currency, its prominence waxing and waning with the relentless march of money printing and currency devaluation. In a world where the presses never seem to rest, Silver is experiencing a resurgence, emerging as a linchpin in the quest for a stable monetary system. <center> [SOURCE](https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcTZxRwZTzmDk0gM_QCOiB6v00TLFkX4Hsvsyw&usqp=CAU)</center> The industrial equation is in constant flux, spurred by relentless innovations. The ascent of a burgeoning middle class in emerging markets has ignited an insatiable hunger for electrical appliances, medical devices, and various industrial marvels that rely on Silver's unique properties. From precision bearings to essential electrical components, from sleek mobile phones to cutting-edge digital cameras, Silver's versatility and conductivity make it an irreplaceable commodity. It's not just a material for fashion or long-term value storage – Silver plays a pivotal role in batteries, superconductors, and the intricate microcircuits that power our modern world. The price of Silver isn't beholden to a single purpose; it's entangled in a web of applications that extend far beyond the realms of luxury or investment. In fact, Silver ranks second only to oil in terms of global consumption, a testament to its irreplaceable properties on the periodic table. This voracious industrial appetite for Silver doesn't wane as its price surges upwards. Even as Silver becomes more expensive, it's used sparingly in each product, meaning its role in various industries remains unshaken. Unlike Gold, which can be recycled, Silver's destiny is often one of consumption, and once used, it's nearly entirely depleted. In contrast to Gold, whose rising price often renders it inaccessible to millions, especially in Asia, Silver remains a beacon of affordability. As paper currencies crumble in value, Silver beckons to the masses, drawing them into its fold. This global demand, largely absent during the last major Gold and Silver boom of the 1980s, could prove to be a game-changer. <center> [SOURCE](https://miro.medium.com/v2/resize:fit:837/1*1j6EuKikfzm0FOdoaiCa0g.png)</center> In the annals of history, one could exchange 15 ounces of Silver for a solitary ounce of Gold. Today, that ratio has shifted dramatically, with 1 ounce of Gold fetching a staggering 82 ounces of Silver. If we trace this historical trend back through the millennia, Silver's price should now stand at around $127 per ounce, with the shiny yellow metals current spot price of $1919. With gold not likely to fall by a significant amount in the comi g years, it would therefore be safe to assume, that silver price is about to correct and increase significantly??!!?? <center><img src="https://images.hive.blog/DQmcgRnm4ZGkqm4zoa8qZoQWQPYE9pHbBVmUiueckUCM2V5/SGS-Roadmap.jpg"></center> If you dont own any precious metals, then why not tell us? As a community we encourage **ALL** engagements and encourage everyone to take the plunge and own at lease a sinlge ounce of silver or a fraction of gold. If your struggleing to find a safe and secure place to buy, reach out to the community as there is always someone willing to offer their time and advice to help you out. <center></center> 40+yr old, trying to shift a few pounds and sharing his efforsts on the blockchain. Come find me on [STRAVA](https://www.strava.com/athletes/20624817) or actifit, and we can keep each other motivated . <center></center> Proud member of #teamuk. Teamuk is a tag for all UK residents, ex-pats or anyone currently staying here to use and get a daily upvote from the community. While the community actively encourages users of the platform to post and use the tag, remember that it is for UK members only. Come join the community over on the discord channel- [HERE](https://discord.gg/D2zBEV4R) <center><img src="https://files.peakd.com/file/peakd-hive/thekittygirl/5YzP6pdV-SilverGoldStackers.jpg"></center> Want to find out more about gold and silver? Get the latest news, guides and information by following the best community on the blockchain - #silvergoldstackers. We're a group of like minded precious metal stackers that love to chat, share ideas and spread the word about the benefits of "stacking". Please feel free to leave a comment below or join us in the community page, or on discord. <center></center>
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