While the US dollar continues to lose its value, the price of gold and silver is on the rise and becoming one of the most coveted treasures globally. Although the "golden boy" of precious metal investing is, of course, gold, many people forget that silver has just as long of a history as its honey-colored cousin.
The most significant advantage of silver is that it is much cheaper than gold, making it much more accessible to the everyday investor. Silver tends to be much more reliant on market activity as it has many industrial uses, so its price can be more speculative. However, due to its usage in industries, it can be much easier for investors to follow, as silver typically follows a supply-and-demand structure when it comes to markets.
Palos Verdes Coin is a knowledgeable silver dealer that can assist you with your precious metals needs. Whether you are looking to buy or sell jewelry, coins, or silver bars, you can trust that you'll be receiving a fair price with us. If you want to purchase silver, please take a look at our inventory. Of course, we are always willing to assist you with selling your metals as a silver buyer. Visit us today in Torrance, CA, and see how we can get started together.