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Often relegated to the status of "poor man's gold," silver is anything but that.
Silver is one of the seven metals of antiquity, which also include gold, copper, tin, lead, iron, and mercury.
Thanks to silver's exceptional properties, such as the highest electrical conductivity, thermal conductivity, and reflectivity of any metal, it will always have significant industrial applications.
But silver shares many of gold's properties as well, and for that reason, it has intrinsic value.
As global debt levels continue to swell to all-time records, silver is set to cement its place in history all over again.
And owning silver coins is a first-line defensive strategy everyone needs to arm themselves with.
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About the Author
Peter Krauth is the Resource Specialist for Money Map Press and has contributed some of the most popular and highly regarded investing articles on Money Morning. Peter is headquartered in resource-rich Canada, but he travels around the world to dig up the very best profit opportunity, whether it's in gold, silver, oil, coal, or even potash.
Don't overlook " junk" US silver coins from 1964 and earlier. They are minted with 90% silver content and have a lower premium on the purchase price on a per ounce basis.