Are gold & silver overpriced/underpriced/fair value now?
Today there was speculation on CNBC about the commodities bubble being over. It’s true that Gold prices have gone down dramatically in the past few weeks, even after gold sales in Asia remain strong.
But what about Silver?
The price of silver has dropped from $35 to approximately $24 now, so it might seem a great time to load up on your US silver dollar investment.
It’s true that economies are sluggish in the West, but it could be that there is a cyclical switching of investments away from commodities back to stocks going on, in advance of the economy improving.
In other words, unless you love Silver & Gold anyway, you may risk additional losses on your commodities portfolios by buying at these prices!