Why PM Investors Should Ignore the Dollar Index
The reason the US dollar index isn’t a good indicator is due to the way it is calculated.
Even with unfair taxing schemes by the federal government, the advantages of gold and silver as a store of wealth are not lost.
The reason the US dollar index isn’t a good indicator is due to the way it is calculated.
Despite the various reasons silver investors should not buy exchange-traded funds and instead opt for physical metals, there are also many reasons why investors should love them.
ETFs Increase Precious Awareness
Before silver and gold were spotlighted for their extreme gains, only a small percentage of investors even had proper allocations of physical metals in their portfolios. [...]
Critics of precious metals investing have called gold and silver a bubble, further claiming that today’s higher prices will fade as economic conditions improve. Although gold and silver prices are much more expensive than they were even a few years ago, gold and silver are hardly near bubble status.
Scarce Ownership of Precious Metals
One of [...]
Again in 2009, silver has waltzed from its lows to create returns considerably higher than gold in the same time period. However, why should one precious metal outperform another?
Rarity
Although it is not revealed by the price, physical silver is actually as rare as gold thanks to the amount that is melted, smelted, and mixed [...]
