Tradefair & Financials
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I'm told that Silver is the new gold (just as black is new whatever) and I should be investing heavily in this.
Any views very welcome as I was encouraged to invest in a mining company (Herencia)
last year.
Any advice ?
JJ
Any views very welcome as I was encouraged to invest in a mining company (Herencia)
last year.
Any advice ?
JJ
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If you have any savings in cash, you need to put it into gold and silver asap. Otherwise, the purchasing power of your savings is going to be reduced steadily over the coming years. Silver is likely to see bigger gains than gold will as it has quite a bit of catching up to do.
Did you invest in HER in the end? I think the long term prospects look very good for them. Plenty of potential there, plus the bull run in commodities that will continue for the next 10 years imo will see the value of resources they have increase considerably.
Did you invest in HER in the end? I think the long term prospects look very good for them. Plenty of potential there, plus the bull run in commodities that will continue for the next 10 years imo will see the value of resources they have increase considerably.
Agree with Whippet. Inflation is going to devalue your savings very quickly and gold and silver offer excellent protection.
Borrow as much fiat as you can and buy silver imo, dollars and all western fiat currencies are in a bubble.
Shame you didn't invest a year ago. Since January 2010 silver is up - get this - 100%.
Still plenty of upside, will hit the $50 mark by the end of next year if not before.
Still plenty of upside, will hit the $50 mark by the end of next year if not before.
In addition to the above, word in the market is there's a paper squeeze on for April expiry, could see it though $40 very quickly this month.
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