Silver..
- Thread starter pogi16
- Start date
Are you asking about silver the commodity vs silver producers vs silver royalty companies ( eg SLW-T ) ?
Overall, silver will be a good investment going forward. Governments have WAY TOO MUCH debt, they cant pay it back from existing tax revenues and therefore must increase the money supply in order to pay off their borrowing from the past. As a result of this 'money printing', the supply of money in relation to goods and services produced will increase, and as a result, the costs of goods and services will rise. Silver - being a good - will rise due to inflation. Furthermore, silver will also rise due to its historical 'reserve currency' status. Silver is also used in industry, unlike Gold.
If I were you, I would hold about 15% silver, 15% Gold, 30% in corporations like Walmart, Exxon Mobil; and then 40% in real estate investment trusts that specializie in managing apartment units in major cities. If and when the economy implodes again, people in cities will still demand and need to pay basic housing and will pay the rents needed.
If I were you, I would hold about 15% silver, 15% Gold, 30% in corporations like Walmart, Exxon Mobil; and then 40% in real estate investment trusts that specializie in managing apartment units in major cities. If and when the economy implodes again, people in cities will still demand and need to pay basic housing and will pay the rents needed.
Earnings have dropped considerably in the past year - not a good trend. Wait until SLW moves above $25 on positive news and outlook, then buy in. It needs to show new support at that level. If it next set of earnings suprise, it will quickly move above $25 and you can buy in when it does, if you have confidence in the company's future. Its forward P/E is supposed to be 21, current p/e at 15, so short term, the company is showing weakness in expected earnings.
Long term (25+ years): yes good investment
medium (10 - 20 years): you have 50/50 chance making money or stay flat
short term (less than 10 years): more likely you will experience drawdowns and sit on a losing position.
medium (10 - 20 years): you have 50/50 chance making money or stay flat
short term (less than 10 years): more likely you will experience drawdowns and sit on a losing position.
