We are not just about silly toys or fun little articles about unicorns, when we say all things unicorns we mean it. If you are a parent reading this then you already know how important it is to start putting money aside for your child as soon as possible. So continue reading to see a fun way to start investing for your child that has a unicorn twist to it.
Precious metals have been used as form of currency, jewelry, and art for thousands of years now. Precious metals are rare naturally occurring elements that because of their rarity they possess economic value.
The two most popular of these metals are gold and silver of which both have been seen as economic hedges when there is fear of inflation, recession or any other cause of an economic downturn. Most recessions or downturns occur every 10 years historically and we are sitting at exactly 10 years from the Great Recession of 2008. Also, all the recent volatility in the stock market has a lot of investors scared of where the economy may be headed.
Silver has become the more popular of the two mainly because of its affordability and as well its price not being as tightly associated to the market as gold and platinum are. As of the writing of this article the price for 1 oz of silver is sitting at $15.43 which is very low, and should see a turnaround especially, not if, but when the next downturn occurs.
If you are currently investing or saving in some way for your child, why not diversify the way you invest for them and as mentioned earlier hedge against inflation or any economic issues that will show up from time to time.
Before we show you some cool unicorn themed coins you can purchase here are just some reasons why it is smart to invest in precious metals like silver.
Silver has served as a form of money and currency for thousands of years now and will continue to do so for the foreseeable future. Unlike when you invest in stocks and bonds, you do not need to have a third party to hold up their end of a promise or say contract.
If you have silver you can use it to purchase goods and or barter for an item, pretty much anyone will take silver as a form of payment for goods if need be. Silver has also to date never been defaulted on, so unlike almost all other investments you may make, with silver there is no default risk.
There was a time when most governments held stockpiles of silver inventory, however that is no longer the case today with only a handful of countries still doing so, one of them being the United States. As a matter of fact since 1996 government silver inventories have fallen nearly 76%.
A major factor to this decrease is the fact that silver is no longer used in a countries coinage. However, industrial use of silver is skyrocketing, and you probably do not realize how often you are using a product with silver in it.
Silver is one of the most thermal and electric conductive metals out there and it is also the most reflective metal. That’s why there is such a demand for silver in electronics, cell phones, hospital equipment and jewelry.
Since the early part of this decade silver supply has plummeted down over 70%. This was mostly caused from a price crash in silver around 2011. Because of this crash there was no profit to be made in the mining of silver so miners turned elsewhere.
At the same time in this decrease in supply world demand is growing rapidly. The growth in the demand for silver in China and India is rising almost daily and simple math when you look at the populations of those countries will tell you why this is one of the big reasons in the spike in demand
It is not however limited to just these two countries either almost all government mints in the world are operating at peak production levels. At some point this spike in demand will crash into the reduced supply and that usually results in higher spot prices for silver, and if you hold silver before that happens that will be good news as far as return on investment goes.
Many people who want to start investing in precious metals focus on gold and are scared away by the large price tags when it comes to golf. Silver is but a mere fraction of what it cost to start investing in gold making it easier to begin acquiring silver and getting exposure to precious metals.
Silver is far more practical when it comes to cashing in in times of need or financial emergency. Whatever the need for the money is at the time it might not be worth cashing in a whole ounce of gold, but with silver you can sell just the amounts you need to meet the financial need.
Okay Okay we are getting to the point to where we can show you how unicorns tie into all of this. The Silver Queens Beast Series from the United Kingdoms mint has a series of coins that feature the unicorn. The coins are made of .999 fine silver and come in a variety of weights and colors. So why not invest in something that your child can see, touch, enjoy, and appreciate all while having little to no risk in losing your investment. Below we will highlight some different sizes and styles available in this unicorn series of coins: