Chart done on daily timeframe. Precious metals have been a safety net investment for centuries. They’ve become indispensable to our world as demand for them in both fashion and utility has stayed consistent. Gold and silver are of course the most popular precious metals to buy, but we’ve chosen silver to take on because of its industrial demand. Silver has a wide range of industrial applications, including electronics, solar panels, medical devices, and more. This industrial demand can help maintain a baseline level of demand for silver, which can contribute to its value. Silver also provides diversification within an investment portfolio. It behaves differently than other assets like stocks or bonds, which can help reduce overall risk.