What is Affecting The Current Price of Silver? by admin in precious metals with No Comments *Your information will never be shared. Alternatively, you can find out more by visiting RegalAssets.com directly here. Gain Protection Without Breaking The Bank by admin in Uncategorized with No Comments Protecting yourself is an essential consideration for any investor. Right now the future of the USA is impossible to predict. A weak economy, an administration which seems determined to destroy the long held values of the USA, and rising costs are all problems faced by both consumers and those interested in investment. Efforts by the Federal Reserve to keep inflation rates down have also been a reason for concern in financial circles. Many individuals expect that things will get much worse before they get better. Experts and analysts are warning about the potential for a financial system failure. Hyperinflation is a very real possibility once the Fed stops manipulating interest rates and the rounds of quantitative easing finally stop. There are fears of a social breakdown on a global scale. In all of these situations silver can be an ideal vehicle that offers protection and a sense of security like few other assets can. If a financial system collapse occurs then anyone without precious metals could find themselves struggling to survive. A bank account balance in the thousands or even millions will be useless and will not buy anything. Today silver has a spot price of around $30 for a troy ounce. Compare this to gold and platinum, which both trade currently for around $1,600 for the exact same weight. All precious metals offer most of the same benefits and protections but they do this at varying levels of expense. The more costly forms of bullion may be too expensive to be used in barter and trading situations. This is never the case with silver, and small amounts can be used for supplies and other living expenses without causing you to face a large loss. Since it is so affordable most individuals can afford to stockpile several ounces of silver without breaking the bank or depleting all of their capital.