Recevez notre Marketbriefing
In the same category
Platinoid
Member since May 2012
163 commentaries - 1 follower
1 followers
has posted a comment on the article :
>Should I invest in more than one precious metal?  - Jan Skoyles Real Asset Co - The Real Asset Co
It's a fair analysis, especially if you believe the economic numbers.

I am still on the side of an economic plateauing at best, especially
in the manufacturing sectors.

Sure, if one has some hedge dollars floating around, why not
place a small bet on recovery, and invest in the P metals.

For the smaller investor, the problem is the overall big ask for
small quantities of metal. Personally, I know silver is about
as an industrial metal as there is, and yes, while physically
not as rare as Platinum or Palladium (I hear you can fit all of the
world's physical stocks of both metals into a used oil drum..... ;)
silver will retain a floor price for industrial demand if the economy
ever does improve.

So, for larger investors with more cash on hand, yeah, hedge with Jan.

For the little guy, forgit-it Babalooie!

Even at today's gold prices, $1,200 hardly buys you enough metal
for making fishing-line sinkers. The industrial hedge is silver.
At the time of writing, you can get about 63 ounces of
silver for every ounce of gold at spot quotes.

DCA, all the way!


Commented
3794 days ago
-
Send
Beginning of the headline :After 12 years of gains in the gold price, investors are now facing the true reality of unlucky number 13. Gold is set to end the year down for the first time in over decade. Having hit an all-time in September 2011, gold has failed to return to that to spot. Silver has had a similar experience, touching $50 in 2011 and it is currently floundering below $20. Meanwhile there are repeated calls for 2014 to be the year for both platinum and palladium, the industrial metals of the precious metals. W... Read More
Reply to this comment
You must be logged in to comment an article8000 characters max.
Log in or Sign up
Top articles