Silver is frequently referred to as the "poor man's gold." Being precious metals, silver and gold may rise in price if investors demand a haven during economic instability. Both can keep their value better than certain other assets during inflation.
But in another sense, silver may be regarded as the "rich man's copper" since silver is far more commonly employed as an industrial metal than gold. Because rising prices frequently coincide with economic expansion and increased demand for products containing silver, silver can benefit from this in a way that the gold market has not.

When adjusted for inflation, the price of silver has risen roughly 40% since February 1915. This benefits investors who want an inflation hedge and will hold the investment for an extended period. Yet, in shorter time increments, silver, like many commodities, can be highly volatile. For example, silver acquired in 1915 had lost roughly half its inflation-adjusted value by 2001. Following the global financial crisis, geopolitical unrest in Europe and worries about the Federal Reserve's quantitative easing program caused the price of silver to spike to about $64 per ounce in 2011.
In terms of return, silver typically outperforms gold and can produce a higher return on investment. But, silver’s primary worth is as a hedge and haven asset. The key reason to acquire silver is not wealth building but wealth protection and hedging risk in an uncertain environment.

Here Are a Few Reasons Why Silver Would Gain Value

‍

Demand Outstripping Supply: Silver supply is flat and will decline with time. As demand for mobile devices, flatscreen Televisions, and personal gadgets continues to expand worldwide, silver will undoubtedly improve in value in the following months and years. Investing in silver now is buying early into a potentially lucrative market.

Increasing Industrial, Technological, and Medical Demand: Because of its great malleability, resistance to corrosion, good thermal and electrical conductivity, and antibacterial qualities, silver is widely sought after in many industries, including the technology and medical sectors. This creates

significant demand for in silver in the creation of medical equipment, mobile phones, and in the energy business. Considering these industries are anticipated to expand, particularly in manufacturing hubs like China, India, Vietnam, and others, purchasing silver today might be a wise investment.

Increasing Industrial, Technological, and Medical Demand: Because of its great malleability, resistance to corrosion, good thermal and electrical conductivity, and antibacterial qualities, silver is widely sought after in many industries, including the technology and medical sectors. This creates significant demand for silver in the creation of medical equipment, mobile phones, and in the energy business. Considering these industries are anticipated to expand, particularly in manufacturing hubs like China, India, Vietnam, and others, purchasing silver today might be a wise investment.

Western Alaska Minerals (TSXV: WAM, OTC: WAMFF)

Western Alaska Minerals is concentrating on developing its 100% owned "Illinois Creek Mining District" (>73,000 acres), which has targets that Anaconda Minerals first discovered in the 1980s and that WAM's management team has been consolidating over the past ten years. The portfolio of five high-grade, developing mineral projects includes resources for gold, silver, copper, lead, and zinc, an oxide gold resource at the Illinois Creek deposit, and a silver-rich Carbonate Replacement Deposit. The company’s first-pass drill program at the Waterpump Creek CRD target in 2021 intersected 9.1m @ 526 g/t Ag, 22.5% Zn & 14.4% Pb (1,886 g/t AgEq), WAM's 2022 drilling season constantly intersected more bonanza-grade mineralization at Waterpump Creek, widening the mineralized trend from 50m to 400m long.

‍

‍

Recent News: the company announced updated interpretations of geological, geochemical, and geophysical surveys, which combined, indicate multiple high-potential carbonate replacement deposit and porphyry copper-gold drill targets on the 100%-owned Illinois Creek property in Alaska, USA.

• Geophysics (IP and CSAMT) and soil geochemistry reveal several robust overlapping anomalies that coincide closely with the high-grade silver-lead-zinc CRD mineralization discovered in 2022 (See Press Releases of Sep 22, 2022, and Jan 17, 2023).
• IP geophysics indicates an offset of the Waterpump Creek CRD mineralization but continuing 1.4 km to the south across the Illinois fault (See Figure 3 below). This look-alike anomaly is over three times longer than the current known Waterpump Creek sulfide body. The anomaly continues to the limits of the IP survey.

Outcrop Silver & Gold (TSXV: OCG, OTC: OCGSF)

Outcrop Silver & Gold is looking to expand into other high-opportunity jurisdictions while actively exploring precious metals in Colombia. Our offices are in Vancouver, Canada, and Medellin, Colombia. The Santa Ana high-grade silver discovery is being advanced quickly by Outcrop Silver & Gold with ongoing expansion drilling and an initial resource that will be made public shortly. Outcrop Silver is also progressing with exploring four gold projects with world-class discovery potential in Colombia. A professional group with years of experience in Colombia is advancing these assets. They are highly disciplined and experienced.

‍

‍

 Recent News: the company announced the results of four additional core holes designed to expand the high-grade in the Megapozo shoot on its 100% owned Santa Ana high-grade silver project in Colombia. 

"We continue to be happy with our drill results in the Paraiso vein," commented Guillermo Hernandez, Vice President of Exploration. "Our offset core holes here continue to expand Megapozo, an important potential resource area in the core of our flagship project."

Dolly Varden Silver (TSXV:DV, OTC:DOLLF)

Dolly Varden Silver Corporation is a mineral exploration company focused on advancing its 100% held Kitsault Valley Project in the Golden Triangle of British Columbia, Canada, 25 km by road to deep tidewater.

The Dolly Varden and Homestake Ridge high-grade silver and gold resources and the formerly productive Dolly Varden and Torbrit silver mines are all located within the 163 sq. km. project. Being on the same structural and stratigraphic belts that host numerous other on-trend, high-grade deposits, such as Eskay Creek and Brucejack, it has a good chance of hosting additional precious metal deposits. The project also includes the Big Bulk property, which has the potential to produce copper and gold mineralization in the form of porphyry and skarn, similar to other such deposits in the area (Red Mountain, KSM, Red Chris).

‍

‍

Recent News: the company announced that the final results from drilling during the 2022 season on the Dolly Varden area of the Kitsault Valley Project are the highest grade silver assay yet received from the Dolly Varden Property. Mineralization remains open for expansion at the deposit: 

-Wolf Vein Southwest: DV22-320: 321 g/t Ag, 0.84% Pb, 0.84% Zn over 12.85 meters (6.81 meters estimated true width) including 664 g/t Ag, 1.24% Pb, 3.54% Zn over 1.63 meters (0.86 meters estimated true width).

-Kitsol Vein: DV22-323: 301 g/t Ag, 0.23 %Pb, 0.56% Zn over 15.00 meters (9.60 meters estimated true width) including 434 g/t Ag, 0.41% Pb, 0.69% Zn over 5.90 meters (3.78 meters estimated true width).

-Red Point: DV22-321: 8.10 g/t Au, 244 g/t Ag and 5.16% Cu over 1.00 meter.

-Red Point: DV22-322: 17.20 g/t Au and 1.65% Cu over 1.15 meters.

‍