Is Now The Time To Buy Gold And Silver

Is now the time to buy silver.

Is now the time to buy gold and silver.

He also keeps a position in international education which keeps him in touch with the student mindset. Gold meanwhile trades at about 1 200. So is now a good time to buy silver coins. Especially when the ratio reaches an extreme the gold to silver ratio averaged 47 1 during the 20th century.

Based on this now might be an opportune time to buy silver. Every investor should have some gold in their portfolio. Right now silver costs about 16 50 an ounce. Mike writes the gold enthusiast daily newsletter runs the golden hammer trading service and participates in the mesh private portfolio.

Last the gold silver ratio the price of gold divided by the price of silver can give clues about which metal might be the better buy at any given time. Since we wrote that on march 2 our reports are always based on the prior friday s close in this case february 28 the price of gold and most especially silver has dropped. If silver is the new gold now is a good time to buy silver prices have fallen 9 from this year s highs an opportunity for investors to buy the metal that has outperformed gold so far this month. As of this writing silver has softened in price and so has gold.

Silver was 16 67 and now it is 14 75. 2 1 year returns finally i m looking at what has happened when this ratio gets to the other extreme. It was trading less than 15 an ounce just 2 weeks ago. 10 the gold silver ratio favors silver.

It s averaged about 61 1 in the 21st. Recommended for you house passes 2 2 trillion stimulus bill but that doesn t mean 1 200 checks and more unemployment benefits are on the way. This is a drop of 11 5.