Is holding silver a good idea?

As a physical asset, it has an intrinsic value, unlike the dollar or other currencies. Silver maintains its value over the long term and does well when interest rates are low and fixed-income investments don't generate much profit. In this way, silver works like gold as an investment and performs a similar function as a safe haven. Holding physical silver, whether in the form of coins or ingots, is a psychologically and emotionally satisfying way to invest in silver.

Tracking the Gold and Silver Price Today can help investors make informed decisions about when to buy or sell. You have it in your possession and can use it if necessary. And in some cases, it's relatively easy to access. Coins manufactured before 1964 contain approximately 90 percent silver and can be purchased for the value of their silver content.