Beautiful Dragon in the form of Stackable Silver

Who doesn't love a dragon? I know I've been captivated by them in movies and TV shows throughout my life. They have been symbols of strength and power from Europe to China over thousands of years. Even though they never actually existed... I guess we have dinosaur bones to thank for the creation of the dragon myths.

So what got me thinking of dragons? Not Game of Thrones, although it was a good show for a variety of reasons... It was a stacker round I saw on APMEX.com that really got me thinking about them. For those unfamiliar with silver lingo, a round is precious metal round artistic piece that looks similar to a coin, but lacks any stated denomination. They usually aren't produced by governments but can be. And a stacker round means they are designed to stack on top of one another and interlock into place. They are always pretty dope!

The round is this one you see below, a beautiful dragon:

From apmex.com

From apmex.com

These are all one solid Troy ounce of silver. A great way to invest in precious metals and the way they stack makes them a lot of fun too. Right now APMEX has them for sale at $77.00 or roughly $17 over spot silver price. Which honestly isn't too bad these days. It's hard to find good deals on silver or gold anywhere right now. I sure miss the days when silver cost a measly $15!

Silver

Silver prices are actually pretty affordable right now, compared to when they were more than double the current price. I doubt we will ever see silver under $50 again as it's still in short supply. The demand far outpaces production and refining capacities worldwide, and the fact that it's in every electronic device you own should tell you why. It's the best conductor of electricity in the universe, so electronics will always use it.

Here's silver over the last month:

From kitco.com

Definitely down from a month ago. The Iran conflict and oil prices disrupted silver and gold prices. However, since OPEC has increased their production to compensate, that shouldn't be a factor moving forward.

Investing in silver and gold isn't just for the rich. Everyone should have their own stash to provide economic stability and build personal wealth. Remember each time you get paid to pay yourself first. Invest some of that money for your future. And some should definitely go into precious metals. Fiat will always go down in value, but silver and gold will always be valuable and in demand as it has been for thousands of years.

That will wrap up this post for this hump day, happy Wednesday everyone! Please feel free to leave any comments or questions below, and as always thank you so much for all of your support. It's deeply appreciated! Have a great day everyone!

References:

https://www.apmex.com/product/331848/1-oz-silver-round-scottsdale-dragon-stacker

https://www.kitco.com/charts/silver

Disclaimer

I am not a financial planner and this isn't financial advice. Please always do your own research before investing your money. You worked hard enough to earn it!

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