THAT "fad" disappeared. Now it may be back.
Metal bullion pricing is cyclical.
In 2011 Silver was $47 an ounce. Even at that there were folks saying it was going to go higher. There always is.
Today it’s at $16.35.
A fair amount of money can be made in metals. A massive amount can be lost as well.
I’m not convinced it has bottomed out yet. My predictions generally send metals in the opposite direction.
With that in mind, perhaps it is time to buy. Or does that jinx it? I can never tell.
“Now it may be back. “
It’s been back since at least 2005 that I know of. That’s about 9 years. Not a fad at 9 years, really.