Rounds are the best option if your main objective is to invest. The value of rounds is based on their precious metal content, making them more affordable than silver coins. Another factor to consider is the various designs of the rounds. If you intend to sell your silver quickly, coins are often the better choice.

Michael Briggs also did some experiments with silver bullets compared to lead bullets. After making a custom mold to ensure that the sizes of the silver bullets were comparable to the lead bullets, he fired them. He found that the silver bullets were slightly slower than the lead bullets and less accurate.

To sum up, ammunition can be a great financial hedge against hard times. It will always have value, and, if stored properly, will never spoil or go bad. Plus, it's useful — it doesn't just sit there like a lump of gold. You can shoot ammunition for fun, defense or hunting.

For investors seeking portfolio diversification, silver's relatively low correlation to assets like stocks and bonds over time can help enhance diversification benefits. Silver can serve as a hedge against inflation pressures as well, which could be valuable if price pressures remain stubbornly elevated.