Your Questions About Investing In Silver

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Charles asks…

Is investing in Silver at this point a good idea? ?

I’m thinking about investing some money in silver bullion to preserve and maybe grow my capital.

financi4 answers:

I never consider investing in precious metals as a good long term strategy. Just at opportune times. The way gold and silver have dropped off recently this may be a good short term opportunity but I’ve always felt that investing in mining stocks rather than the actual bullion is a more efficient way. Good luck. Just picked up some Kinross Gold (KGC) for under $11 after having sold it a few months ago at over $25. They mine gold and silver. Silver is usually found around gold.

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