Silver’s Fundamentals Today

Historically the money of human day-to-day commerce, silver coinage has had a role in nearly every ancient and modern culture. From ancient Greece’s drachma, which contained 1/8th of an ounce of silver to the Roman denarius and the British pound sterling (both designated a specific weight amount of the white metal), silver has been a store of value for multiple millennia.

The word silver literally means money or cash to 100’s of millions of people all over the world:

  • Argent
  • French
  • Argurion
  • Greek
  • Keseph
  • Hebrew
  • Plata
  • Spanish
  • Prata
  • Portugese
  • Airgead
  • Gaelic

Silver is a secure and affordable safe haven investment and has earned a place in investor portfolios for the white metal helps people hedge their wealth against fiat currency debasement and systemic financial collapse.

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’s natural properties make it…

  • the most reflective metal on Earth.
  • the most electronically conductive of all metals.
  • the most thermally conductive of all metals.
  • naturally anti-bacterial.
  • very soft and malleable, only slightly harder than gold.

silver-hammered

Source: Visual Capitalist

The next article in our Beginners’ Guide to Buying Physical Bullion will discuss the demand for silver.

» Silver Demand

All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice.