Silver as a value keeper and wealth distributor during an economic recession

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.