Posted on 01/29/2021 10:56:24 AM PST by amorphous
Most investors who focus on precious metals and commodities know that gold had a great year in 2020, up 24.6%. However, not as many know that silver did even better! Silver was up 47.4% in 2020, rising from $17.80 per ounce on January 2, 2020, to $26.35 per ounce on December 31, 2020.
Silver didn’t just outperform gold in 2020; it also outperformed every other major asset class, including U.S. small cap stocks (up 18.5%), U.S. stocks (up 15.5%), U.S. corporate bonds (up 9.7%) and U.S. Treasuries (up 3.6%). Many other asset classes declined in price in 2020, including commodities, the U.S. dollar, real estate and crude oil.
Silver backed off a little in early 2021 (it’s now trading around $25.25 per ounce), but it has held onto almost all of its 2020 gains. Of course, the question for investors is: Where do we go from here?
(Excerpt) Read more at dailyreckoning.com ...
SHTF not yet. When it does, shiny metal won’t be worth the powder to blow it away. Ammo will be supreme.
....but ... you lived in your house for 12 yrs without paying any rent
A short silver squeeze is possible indeed.
Check the video below for a few current and historical reasons why a silver short squeeze in all layers of the derivative and physical precious metals complex is possibly upcoming.
https://www.zerohedge.com/news/2021-01-30/silver-short-squeeze-possible
Opinions vary.
I’m not really into investing, but the only trading that I consider a “sure thing” is insider trading.
I would prefer American Silver Eagles. You can get bars or Eagles from Apmex.com
A short silver squeeze is possible indeed.
Ammo will be supreme.
How much did you pay in real estate taxes during that time period?
Ignore the previous post. I’m an idiot. :)
I just posted this: https://freerepublic.com/focus/f-bloggers/3930503/posts
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