Smart Silver Strategies: Investing in the Dual Identity Metal - Investing News Network
Smart Silver Strategies: Investing in the Dual Identity Metal - Investing News Network
Source: Investing News Network
―
DW NOTE
Silver's "dual identity" as both industrial metal and monetary hedge is marketing copy for investors who want an excuse to hold something volatile. When semiconductors boom, silver enthusiasts credit the industrial side. When currencies wobble, they credit the monetary side. When it drops 43.5% from its peak while gold falls only 16.6%, they go quiet. The volatility is the identity.