Although silver is scarce compared to many other elements and resources, it is the most plentiful and least expensive of the elements which have earned precious metal status (gold, platinum, palladium, ruthenium, rhodium, osmium, iridium, and silver).

Silver is a very interesting precious metal, although it is anything but scarce. Compared to gold, there is a lot more silver ore – and more silver deposits – to be found all over the world. Despite this aspect, it remains a solid investment, all things considered.

The global silver demand is expected to reach 1,155 million ounces in 2025, growing at a CAGR of 2.98%, for the time period of 2021-2025. While the silver supply is likely to be recorded as 1,062 million ounces in 2025, increasing at a CAGR of 1.26%, during 2021-2025.

Silver will rise to $50 within the year of 2025, $60 in 2026, $70 in 2027, $75 in 2028, $80 in 2029, $90 in 2030 and $100 in 2033….Silver price stood at $26.25 per troy ounce.

Because some silver bars and rounds from private mints with questionable backgrounds can’t always be verified as to authenticity or silver content (and often aren’t qualifiable for inclusion in an IRA), it can be harder to sell your silver bars and rounds than, say, 90% silver junk coins.

Gold and silver coins have legal tender and will always hold their face value. Some coins have a unique design each year making them great for collecting. They usually cost more than the spot price due to this.

Any and all are easy to sell in today’s market. If you look on eBay, 10 oz. bars are currently selling at about a 10% premium and 5 oz. bars are selling near a 20 to 25% premium.

I recommend common government-minted one-ounce bullion coins. For example, the Silver American Eagles and Canadian Maple Leaf coins. 999 fine or better silver, and are not prone to high premiums like rare uncirculated early US silver coins. …

.999 silver