Why buy silver now?
*Dow Theory Letters, by Richard Russell, September 4, 2009:
"Speaking of buying, silver looks like a buy to me. Silver is too
cheap compared with gold. Study the chart below. This is the ratio of
silver to gold. When the ratio rises, it means that gold is
outperforming silver. At the end of 2008, an ounce of gold would buy 85
ounces of silver. Since then the ratio has come down in favor of
silver. Now an ounce of gold will buy only 63 ounces of silver. Silver
is still too cheap compared with gold. At the end of 2007 an ounce of
gold would buy only 45 ounces of silver. I think silver is a buy."
*This information is solely a highlight of the opinion of a third-party publication and is incomplete. Please subscribe to this publication for the full and timely opinion of the author and call a Monex Account Representative for any additional up-to-date information. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
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