Is Now The Time To Buy Gold And Silver

2 1 year returns finally i m looking at what has happened when this ratio gets to the other extreme.

Is now the time to buy gold and silver.

Right now silver costs about 16 50 an ounce. Thus there is no better time to buy gold. 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. This is a drop of 11 5.

10 the gold silver ratio favors silver. As of this writing silver has softened in price and so has gold. Every investor should have some gold in their portfolio. 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.

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. Based on this now might be an opportune time to buy silver. So is now a good time to buy silver coins. He also keeps a position in international education which keeps him in touch with the student mindset.

Is now the time to buy silver. Especially when the ratio reaches an extreme the gold to silver ratio averaged 47 1 during the 20th century. The answer to this question might be found in looking at the pros and cons of buying silver. Gold meanwhile trades at about 1 200.

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. Mike writes the gold enthusiast daily newsletter runs the golden hammer trading service and participates in the mesh private portfolio. Silver was 16 67 and now it is 14 75.