Silver, silver, silver. There’s been alot of talk about silver lately, as with all commodities. There has obviously been a bull market in this group, but does silver have legs?
Robert Kiyosaki a premier educator (I’m a personal fan) has made been clear that he is a fan of silver, he also had been bullish on gold and real estate in the late 90’s. If you would have listened to his advice then you would defiantly be in a good position right now.
On the other hand you have 2 experts in Don Hays and Harry Dent jr which both are saying you want to be in the stock market, now the obvious question is which one do you listen to?
Well the answer is both why not have equal share of each!
Again it comes down to growth! How fast are you looking to grow, another point about silver you may want to consider is What Would Warren Do? and by Warren obviously I’m referring to Warren Buffet,
Warren has been taking large positions in Gold and Silver since 2000.
The other advantage of Silver is it gets used and thrown away.
You may be thinking “thrown away?”, the answer is yes, it is used in many forms of electronics and manufacturing i.e. mirrors but because it is used in such small quantities it is nearly impossible to reclaim, so it’s just tossed away.
Our final thoughts are silver is definitely a good position to be in, but should be only a percentage of your portfolio, depending on how fast you want to grow your portfolio.
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