It’s Waayyy Too Early to Take Profits on Gold & Silver
It was no fun investing in precious metals for most of 2011-2015, but the past few months have sure been a blast for buy-and-hold investors. Silver prices are 22.5% year to date, and gold isn’t far behind. Now that there are some profits available to take, some metals investors wonder if they should grab them. The answer for most people is not yet -- not even close. Yes, there are gains. But the real question for investors isn’t whether or not there are profits, it’s whether there are better options for their investment dollars. What other assets have a better risk/reward profile? Cash? Stocks? Bonds? No thank you!
First published here: It’s Waayyy Too Early to Take Profits on Gold & Silver
First published here: It’s Waayyy Too Early to Take Profits on Gold & Silver