Silver

If you ask the average investor, you might think that buying stocks is the best way to grow your wealth - the S&P 500 has an average return of around 10% per year - but it may surprise you that silver has consistently outperformed stocks — with an average return of 14.35% over the last 20 years.

There’s a 99% chance of a recession within the next 12 months and this places gold, which is as heralded the best safeguard against economic turmoil, in the spotlight for at least this year and in 2024. In addition, this article highlights four further reasons why a bullish outlook for precious metals remains intact over a longer horizon. 

The time has now come for the 99.5% of financial assets which are not invested in gold, silver or precious metals mining stocks to grab both the investment and wealth preservation opportunity of a life time. Making that decision before it is too late is likely to determine your financial and also general wellbeing for the rest of your life!

Current and future weakness in the dollar — the result of much better inflation readings and the subsequent expectation of the Fed putting an end to its interest rate-hiking cycle, potentially even lowering rates — bodes well for...gold and other commodities that tend to gain value on a lower dollar.

I am convinced that silver will soon explode in price in a manner of unprecedented proportions, both in terms of previous silver rallies and relative to all other commodities. By unprecedented, I mean that the price of silver will move suddenly and shockingly higher in a manner never witnessed previously, including the great price run ups in 1980 and 2011. The highest prior price level of $50 will quickly be exceeded.

Many analysts predict a parabolic rise in the price of gold over the next 5 years and, as such, it is realistic to expect that silver will also escalate dramatically in price – but by how much? This article applies the various historical silver to gold ratios to come up with a range of prices based on specific price levels for gold being reached.

Here's an updated analysis of physical gold, silver, platinum and copper regarding their respective versatility of use, durability, fungibility, store of value, liquidity and aesthetics.

If you are buying silver because you expect a recession will take its price higher, you are skating on thin ice. The expectation is fundamentally flawed and there is nothing historically to support the expectation for higher silver prices during recessions.

If, and indeed when, the U.S economy goes into recession commodity prices will fall to levels we would have previously found unimaginable. This could be $20 oil and $7 Silver.

You have no doubt read countless articles on the price of gold costing x dollars per “troy ounce" or perhaps just x dollars per “ounce” but the difference between the two measurements is significant. For that matter, what’s the difference between a 24 karat gold ring and an 18 karat gold ring? Let me explain.