When it comes to precious metals, most people only think to buy gold. On this particular day, I was after topping up my silver holdings.
Not long ago gold was treated as money. Somewhere between baby boomers and gen X, gold stopped being a store of wealth and became an irrelevant investment.
When the price of gold is measured not in dollars but in rubles, yuan or rials, the percentage price increase in gold is even more impressive.
How will silver fare? We’ve seen it surge recently. Silver could be in the early stages of a bull market. Or a massive bear trap.
Silver has been falling for the last two years. But if I’m reading the market right, it looks as though a major ‘whipsaw rally’ in silver is just weeks away...
The problem with silver is that it's frustrating. The silver price will re-test its recent lows, then rally, before falling and then rising again...
Silver bullion is selling on the free market for close to double the spot price that commodity exchange Comex would like you to believe silver is worth.
Yesterday, I gave a sneak preview of my interview with Eric Sprott and his bullish views on gold. Today I’d like to show you how bullish he is on silver...
The message is crystal clear: if you don't have a meaningful amount of silver bullion, buy more now. And then buy the grossly undervalued miners.
Yes, people trade ‘paper silver’. But real silver — the kind you put into 22-pound bags — is scarce. It’s scarce enough, at least, for one of the largest German automakers to store its silver in a Swiss vault, next to the pope’s gold.