Tag: investing in silverSort
Investing in silver and other precious metals has become popular in recent years due to political instability and economic woes. Silver has a very volatile history in the past decade, rising to twenty-one dollars per ounce in March of 2008, and then dropping by 57% only seven months later in October.
The Wisdom Of Investing In The Gold And Silver Markets
Gold and silver markets are generating as much excitement today as ever. Most investors consider investments in precious metals as extremely wise in the long-term. The only reason that more people do not put more money into gold and silver markets is that they want to make money in the short-term on stocks that will rise and fall on an hourly basis.
Unlike Stocks, Stupidity Can’t Wipe Out Commodities
The lesson to be learned from Wall Street’s hubris, says Eric Fry at Rude Awakening, is that although stocks can be ruined by over zealous management, commodities cannot. Stupidity is not a risk factor in the commodities sector. And this makes them attractive despite their recent selloff.