Well, as most have likely seen, silver has been bouncing around a bit as of late. I figured I'd toss this out there for discussion: what are you thoughts on silver? Any strategy you're taking? Thanks.
The populist advisors and advertisers seemingly suggest a single-digit percentage of one's portfolio in gold and silver is a good thing. That advice might fly for a new investor beginning a working career with a longterm investment horizon, but I believe it isn't such a good investment for one closer to retirement. For me, Income through dividends is more valuable than hoping for a near term price appreciation of the metals. But that's me. ☺
I typically have ~ 15% of my $ in commodities, including 5-10% of my $ in gold... usually 1-2% of my $ is in silver.
Gold has rebounded after a recent lackluster performance, but precious metals investors should be looking at silver. Silver has defied expectations early in 2017, showing not only signs of life, but also signs that it could be headed for higher prices. Silver is just below $17 per ounce. Some suggest that silver is not only slated to break through this level, but take another step forward. Projections for silver this year range from $15.50 to $18.75. The window between these predictions suggests that silver hasn’t made its move yet, as it’s hovering right in the middle.
I think a good theory might be to buy a little silver (preferably in increments) with weaker currencies.
Silver is a shiny white metal with a lot of extraordinary characteristics. Prices of silver in the stock market is mostly based on speculation. The main causes of silver price are due to changes in supply and demand and if we compare gold with silve then silver is more volatile. stock tips
One of the big differences is that gold is seen by many as a safe haven in times of trouble, silver does not have this type of following.
The value of silver is fluctuating and it is also a good option for investing. However, gold is better option than this.
