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I have been suggesting to buy Silver futures or SLV for a good while and the price action has been very good. Gold is doing ok, yet quality relative strength in the preciuos metals of late has come from Silver!!! The charts on SIL above look very good, yet I do have some personal concerns what could happen to the metals stocks should the broad market take a big dive!
Game Plan… If you want to be an owner in the Silver complex…right now I would own Silver and Silver stocks, yet I would overweight towards the metal itself!
Cheers Chris 🙂
Paul….Great questions. I am not a good source per how the Silver stocks in Switzerland will perform. I did just do a post on the metals stocks in 2008, please see the link below or the blog.
https://www.kimblechartingsolutions.com/2011/03/metals-performance-in-2008/
Hi Chris,
thanks for all the work you do on this site, I’ve only recently come across it and have found it a very useful resource. I must confess to being a novice when it comes to investing and have spent the last month trying to further my understanding of the subject before committing what little savings I do have.
I was wondering if maybe you could expand a little on your personal concerns about what could happen to the metal stocks in the event of the broader market crashing ? If those concerns relate more to the ETFs, would it be just the US based ETFs, and if so would other ETFs in places like Switzerland be a more reasonable option (eg ZKB Silver apparently really have the physical silver bullion).
Cheers,
Paul