This does not answer my question...............BUY? Or No?
Whether silver is a buy or not really depends on your degree of
risk tolerance and time horizon for your investment.
Personally I believe it is just a matter of time before the price
of the poor man's gold skyrocket to the moon. If gold is the
ultimate money then the real money is silver. Aside from its
role as a monetary metal silver's unsurpassed super-conductor
property is often overlooked. With this in mind I will accumulate
silver before it is recognized as one part of the solution to the
impending global energy crisis.
Having said that I suggest that you shouldn't jump into
something just because you expect a price appreciation.
Other than silver I am also bullish on other metals like
molybdenum and palladium. That doesn't mean I want to
put a lot of money in it right away. If you decide to invest into
silver make sure you can stomach the volatility. Personally I
recommend allocation of no more than 15% of assets to
silver and gold bullion for average investors.