Now is an excellent time to invest in silver. This precious metal is quickly rising in value for various reasons. Its value is likely to stay high, even if the economy improves or more ore is discovered, because it is extremely useful in industry and medicine and because people have always considered silver as a beautiful metal who’s only superior was gold.
In Commodities Silver Prices Look Ready To Resume Acceleration
Everybody loves gold, even as commodities silver prices plot a comeback. Nowadays, gold is so ubiquitous that the closing spot price is routinely quoted in ordinary newscasts aimed at the average citizen who only has gold in his teeth, or in his wife’s jewelry box. That same person would be surprised to know how much silver lurking around his house.
The mainstream financial media is like a couple of eight-year-olds. We hear arguments from both sides -- corporate earnings are beating records, but at the same time joblessness could jump to 10% again.
Which is it? And how do you plan an investment strategy against such bipolar predictions?
7 Defensive Stock Picks to See You Through This Recession
Russell McDougal at Investor’s Daily Edge says there are extraordinary investment opportunities in the resource sector now.
There is a huge disconnect between commodities prices and resource-sector stocks. Even though the price of oil, gold and other resources have risen sharply in the last year, mining stocks are in turmoil.