Silver continues to attract investors, with cash inflows into silver based exchange traded funds (ETF’s) remaining strong despite the downturn in silver prices. With silver bullion down over 4% on the year, traders and long term investors are counting on the metal to outperform gold as the economic recovery takes hold.
Valued as both a financial commodity and an industrial metal, belief in silver as an investment remains unwavered as we head into the final quarter of the year.
Another factor weighing in favor of those planning to buy rare silver coins and bullion is the fact that silver investors tend to be in the investment for the long haul. They establish positions and patiently add to them on market dips to lower average purchase costs. Dips such as we’ve seen in the past few months are a welcome sign to them, as they await the sudden and often lucrative rewards […]