Zuzana Rowland, Andrea Bláhová, Peng Gao
Silver as a value keeper and wealth distributor during an economic recession
Číslo: 4/2021
Periodikum: Acta Montanistica Slovaca
DOI: 10.46544/AMS.v26i4.16
Klíčová slova: Price of silver, value keeper, wealth, neural networks
Pro získání musíte mít účet v Citace PRO.
Anotace:
The article aims at evaluating the price development of silver from
2011 to 2021, making a safe prediction of its trend to 2022. The
experimental evaluation thereby compared economic growth and
economic decline. To fulfil the objective, the presented study
involved content analysis and smoothing the time series using
multilayer perceptron neural networks. The results show that silver
is able to keep its value not only in times when investors cease to rely
on money but are also impactful for accumulating the wealth of
individuals and legal entities. The research revealed that investors
should purchase silver within the first two months of 2022, with the
expectation of a double return of their deposit until the end of 2022.
This will be achieved unless an increase in transaction costs takes
place. The achievement is also conditioned by continued government
actions of countries in the event of the COVID-19 pandemic.
Zobrazit více »
2011 to 2021, making a safe prediction of its trend to 2022. The
experimental evaluation thereby compared economic growth and
economic decline. To fulfil the objective, the presented study
involved content analysis and smoothing the time series using
multilayer perceptron neural networks. The results show that silver
is able to keep its value not only in times when investors cease to rely
on money but are also impactful for accumulating the wealth of
individuals and legal entities. The research revealed that investors
should purchase silver within the first two months of 2022, with the
expectation of a double return of their deposit until the end of 2022.
This will be achieved unless an increase in transaction costs takes
place. The achievement is also conditioned by continued government
actions of countries in the event of the COVID-19 pandemic.