While silver prices seem to be lagging, it may be time for investors to love the grey metal again, one analyst points out.
“Investment in gold (and silver even more so, are worthy of very careful consideration),” said Matthew Worley, research analyst and economic contributor for London-based World First, in a Seeking Alpha post Thursday.
“In an investment environment where central banks have flooded monetary reserves, equities are hitting all-time highs, 10 year U.S. Treasury yields barely eclipse 2%, and real estate markets show excesses internationally, take a long look at assets undervalued and unloved. It just makes sense.”
…“The disparity of the price of silver versus gold is what currently makes physical silver a strong buy,” he added.