How do you compare the current opportunity in gold with the profit opportunities in silver?
For more information please get in touch with a Monex Account Representative at 1-800-444-8317.
We are clearly living in an age of increasing uncertainty requiring an increased knowledge about diversification and investment options. That's why Monex is now offering our customers and prospective customers open access to the latest available analyses, forecasts and recommendations on investment diversification with precious metals from two widely-recognized financial market experts – investment advisor and author Robert Wiedemer, and market analyst and author Jeffrey Christian. When you discover what is presented in these reports, you'll see why we here at Monex believe it is urgent to consider diversification with precious metals. For your free reports please speak to a Monex Account Representative now by calling 1-800-444-8317.
Bob Wiedemer:Precious metals can be divided easily into two camps, obviously, gold and silver. Gold tends to be better longer term. I think silver, actually, would be very good long term, as well, but it tends to be kind of, almost like, gold on leverage, in the sense that if precious metals are going up, you can bet silver is going to have a much better opportunity shorter term than gold. I don't think you're ever going to see a situation where gold goes down and silver goes up.
I do think that they will move together, but I think that if you're looking for shorter term solid, big profits, silver is going to give you that opportunity more than gold and I think there's no question that would be true for the next year or the next following years. Again, I do like both long term, but if you want something to trade in or you want something for a larger shorter term profit, there's no question that silver is the way to go.