Why Silver Is the Right Choice Now

silver investing
Written by Mike Hammer

Today’s silver headlines were rather thin in terms of actual news.  We all know that silver has fallen this week, as anyone can see by looking at a chart of the ETF SLV. And, most people know that 15 USD per ounce of silver is an important price – and silver has been sitting just on top of that price for several days.

But did you know that 14.10 is the SLV equivalent to $15 in physical silver?  Well, now you do.  And we’re there again this morning, yawn.

So let’s brighten up the day by letting a silver bull refresh us on the reasons why silver is a good buy now. This is a fairly sound overview discussion, one you’ll need to understand as we head into the springtime market. Your Gold Enthusiast is happy to just watch the silver market at the moment, waiting to see if it regains its strength or continues to weaken – meaning it may well be too early to tell.

Continue reading at MarketWatch

About the author

Mike Hammer

Mike Hammer has had a wide-ranging career, with trading and investing as continuing themes. Mike graduated with a business degree and spent years as a financial advisor, before moving to New York and to pursue a career in IT and education. For more than a decade Mike has been working with the Adam Mesh Trading Group as a stock market and commodities mentor. He’s trained over 200 individuals, spoken at several national conventions, and is a frequent contributor to educational webinars.

Mike writes The Gold Enthusiast daily newsletter, runs the Golden Hammer trading service, and participates in the Mesh Private Portfolio. He also keeps a position in international education which keeps him in touch with "the student mindset".

Mike focuses on the precious metals markets, the energy industry, and the financial sector. His motto is "Plan your trade, then trade your plan!"

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