Silver is Where it’s At
The bull run in precious metals is far from over. As investors, or potential investors, you should always have exposure to precious metals markets. Why? As a store of wealth and protection against inflation.
If you haven’t got involved in either gold or silver so far, have a look at the potential of silver.
I’ll be writing regularly about silver. Gold hogs the headlines, but the potential for silver is far greater.
When in a bull market, investors are faced with the question as to whether or not to wait and get in on a correction, or get in now anticipating prices will continue to go higher – and risk getting whacked if there is a correction.
This shouldn’t affect you unless you plan to ‘trade’. This is a buy and hold strategy in the PHYSICAL commodity – not underlying stocks and shares of silver companies (to be discussed at a later date).
My goal is to make you aware of the different ways you can invest in silver, whilst enlightening you as to why silver is a good investment.
Hallmarks of accomplished investors are patience and discipline. You don’t want to overpay and drain your cash reserves.
Ideally you should be accumulating silver on price corrections, whether stocks or physical bullion, though attaining ownership is more important than timing with this play.
When you look back after this market has run its course, gold and silver will have rewarded those with the foresight and understanding of not just the commodity markets, but those who able to think clearly around the global financial position that we currently find ourselves in. Smart exposure and staying the course. Especially when the ‘experts’ on Bloomberg and CNN are saying otherwise.
A smart man once told me that if there was one investment he would recommend to his own mum, the steady accumulation of silver over time would be it.
This is going to be a weekly report. Next up, the lay of the land and why silver is the investment of choice.
Today Change Week Ago Month Ago Year Ago Gold $1,756.40 +$32.70 $1,715.70 $1,664.10 $1,388.60 Silver $34.50 +$1.22 $33.41 $31.76 $32.37