Last month I wrote the article “Will Silver Explodes in Price?” when silver is at USD17.3 per oz. Today silver price at the time of my writing is USD22.05 per oz.
Silver price increase 21% in the last 30 days, while gold increase 4.1% in the past month.
I also explained in the earlier posts why, it is important to have percentage of precious metals in your overall portfolio. Refer to my posts below.
Understand the divergence of Physical versus Paper precious metals? Where and how gold and silver is traded, and what determines its price.
Gold and Silver – A peek into history to understand its impact on the world monetary system (Part 2)