Is Now A Good Time To Invest In Silver?

Above, Franklin silver half dollars. Photo by Armand Vaquer.

For those who wish to diverse their investment portfolios, investing in precious metals is one commodity to invest in.

Gold is one and silver is another. 

The question arises, since the economy is going through tough times, is this a good time to invest in silver? Currently, the COMEX spot price for silver is at $31.305/toz.

Moneyweek has posted an article to answer that question.

They begin it with:

Alongside bonds, one way of diversifying a portfolio away from equities is through commodities. Gold has enjoyed a strong year, but there are reasons why now could be a good time to invest in silver.

Silver prices have increased slightly over 19.9% in dollar terms over the past 12 months, and 20.3% in sterling terms. Silver lags gold during this period, but given that gold and silver prices have historically been compared in order to assess the investment appeal of either, this arguably strengthens the case for investing in silver.

To reat further, go here.