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Is it time to buy silver? Here are 3 reasons to do so
Silver followed on gold’s steps in May and dropped from the 2023 highs as the dollar strengthened. But despite the steep correction, silver might be a good addition to a portfolio for investors with a medium to long-term horizon. So here are three reasons to buy silver: • Silver outperformed main fiat currencies in the last 22 years • The 2050 net zero target implies strong demand for silver in the years ahead • The medium to long-term technical picture remains bullish Historical performance is one of the best reasons to add silver to a portfolio. That is, besides the fact that it is not correlated with the ... (full story)
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- Posted: May 25, 2023 11:51am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 85
