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$15.25 silver futures

Silver to $US600 in 2019, page-24

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therisingson

549 Posts.

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28/12/17

06:23

Post #: 29898476
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Originally posted by Archimede$ ↑

Sure; gold and silver investors are usually long term investors. I am happy with a strong, stable and low risk asset in my portfolio that is on a strong and stable upward trend over decades, which has the potential for a "mad year" if a serious global financial or geopolitical crisis brakes out.

The fact that Russia, China and India will continue to buy gold and silver in perpetuity, is enough demand alone to ensure that the price of these precious metals will continue to rise. Gold and silver will always be a millennial monetary metal, a scarce resource, accepted globally, and an industrial commodity.

Many people just want to make a quick buck over night. Precious metal investors have patience to hold for the long term. If you aren't interested in holding for a significant duration of time, then precious metals probably aren't the investment for you. Personally I believe every investor should hold at least 5% of their assets in gold and silver.

If you are a trader, then bitcoin might be more exciting for you.

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Sage advice Archimede$
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