In this video, we will share why Jim Rogers believes that Silver & Gold Will Make You Rich In a Recession
____________________________________________
The disparity between gold and silver during a recession, or a depression, is explained by different levels of industrial use. Gold is relatively less in demand for industrial applications compared to the many uses of silver. During a recession, the decline in demand for industrial metals mitigates the positive impact that a recession could have on the price of silver. Demand continues to rise from safe-haven investors, but falls as manufacturers buy less silver for their products. Therefore, recessions and movements in the US markets have a greater positive impact on gold than on silver. Gold and silver are safeguards against bad economic times. Its value often rises during recessions as the value of currencies such as the US dollar declines. When a recession looms, it's a good time to buy gold. Gold prices tend to rise when stock markets crash. But if you buy gold before that happens, you can buy it at a lower price for a solid return on your investment. Gold also offers an important way to diversify your portfolio and reduce your overall financial risk at all times. It stabilizes portfolios as gold prices tend to offset stock prices.
![](https://i.ytimg.com/vi/fJz_wRpHOcA/maxresdefault.jpg)