Tag: why silver is a good investment now

9
Dec

Why Silver is the Best Play for Retail Investors Right Now

I ain’t selling my silver. Back in 2011, I bought 160 oz of silver American Eagles. I paid about $40 per coin. Since silver’s going for about $24 an ounce right now, that makes it look like I made a big mistake. But I don’t think so. And I suspect that anyone who buys silver at today’s prices will be very happy in the months and years ahead. The reason? No matter what asset class you compare it to, the “poor man’s gold” offers a better value than almost anything else. And I mean anything.

I say this is because silver’s one of the few assets that is still wallowing below its 1980 highs.