Wednesday, 22 July 2020

Silver Explodes Past USD22 Per Oz, and Gold Surges!

Last month I wrote the article Will Silver Explodes in Price?when silver is at USD17.3 per oz. Today silver price at the time of my writing is USD22.05 per oz.  

Silver price increase 21% in the last 30 days, while gold increase 4.1% in the past month.

I also explained in the earlier posts why, it is important to have percentage of precious metals in your overall portfolio. Refer to my posts below. 

If I have excess 100K now, how should I invest over the next one year?






RELATED POSTS:

Understand the divergence of Physical versus Paper precious metals? Where and how gold and silver is traded, and what determines its price.


Why Deflation, QE, Helicopter Money, then Inflation, Hyperinflation then Depression?


5 comments:

  1. Hi Rolf,

    Are you holding physical silver as investment?

    ReplyDelete
    Replies
    1. Both paper silver at UOB and Physical Silver at Silver Bullion!

      But storage fees quite ex. Paper silver also have a yearly fees.

      I think UOB silver is good bcos v liquid as long as u have internet banking.

      Otherwise u can look into Silver etf.

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