Silver prices are down 70% from their 2011 highs. Of course, there was a huge run-up to that peak and many people, myself included, thought a sell-off was needed. But at this point prices have swung to the other side, and precious metals are now as widely hated as they were loved before. How did … Continue reading Silver Lining
Category: precious metals
Surprises, Silver Linings, and Staying the Course
It's been a wild year so far. A correction to start things off, Brexit, terror scares, a political coup, and a 1.36% yield on the 10 year Treasury to boot. It's been one surprise after another. It seems nobody knows what to expect and investors everywhere are on edge. But despite the turmoil, the markets … Continue reading Surprises, Silver Linings, and Staying the Course
Silver Lining
Many people have been talking about how gold prices plummeted last year. With a 29% loss in 2013, gold recorded its worst annual price decline since 1981. Meanwhile, fewer people seem to notice how silver prices got destroyed -- down by more than 37%! Year to date gold prices rebounded about 6% whereas silver prices … Continue reading Silver Lining
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