While everyone’s eyes have been centered around GameStop’s stock, another asset has come into the line of sight of the “Reddit-Raiders” – Silver.
Silver has recently got in the spotlight for possibly becoming the next GameStop.
It all started with an infamous Reddit Group who called for short squeezing GameStop stocks, which ultimately resulted in the stocks’ skyrocketing.
This time, the same group is calling for Short Squeezing the Silver Bullion market. And just after the statement, the metal asset has already started making its way upwards.
Not only that, at many bullion markets across the world, Silver was actually sold out!
Is Silver a Good Investment?
Silver is on the move!
According to TradingView, the prices of Silver gapped above the $28 level, which is a very bullish sign after a long time.
Silver is slated to touch $33 in a few days and $50 in a few weeks if the momentum continues, exceptions notwithstanding.
This makes it a fabulous time for investors to put money in Silver. More reasons to invest in Silver:
1. Ultimate Form of Money
Silver is real money since it can’t be created out of thin air. It is a store of value. If you have Silver, you have no default risk. Besides, it has revalued itself since time immemorial.
2. Hard Asset
Out of all assets, whether it is currency creation, digital trading, or paper profits, Silver stands in contrast as one of few assets which can be carried anywhere across the globe.
3. Outperforming Asset
As discussed above, Silver is currently in a bullish mood and is expected to continue in the same direction. There’ve been instances when Silver has soared much faster than Gold when it turns bullish.
4. Growing Global Demand
Needless to say the growing demand of the two metal assets, Gold and Silver. They’ve got an ancient history of having so much value worldwide. Silver has been massively growing in demand after the Reddit-Raiders have called short squeezing its Bullion market.
OroPocket – The Most Reliable Way of Investing in Silver
OroPocket is a wealth creation platform that runs on Blockchain Technology. Here, you can invest in real-world assets that are 100% insured.
You can invest in Silver as well as Gold while having full control of your finances.
Where to Buy Silver?
You can quickly buy OroPocket Silver via our Web platform as well as a mobile application available for both Android and iOS devices.
You can buy 100% insured, 999 Silver, investing as little as 1 Cent.
There’s no boundary on investing with a specific amount. You can invest as low as 1 Cent.
No Hidden Charges!
OroPocket charges a flat fee of 0.25% on every transaction.You need not worry about the storage fee, buy/sell charges, etc. All the costs are carried by us.
Rest assured, your assets are secured. All of our assets are stored in vaults in Singapore, Switzerland and the UK and only held in custodianship. You own your assets when you buy with Oropocket. Our vaults are audited on a daily basis by a third party, Lumis International Limited.
Assign a Nominee
This is an exclusive feature by OroPocket, wherein you can assign a nominee to your holdings in case of mishaps.
There’s no denying that investing in Silver is going to be a profitable solution sooner or later. It’s better to invest early at a safe platform – OroPocket.
Here, all your transactions are recorded on the blockchain, meaning that your transactions are verified and recorded on the chain.