|
In today’s G&S Central news, we found a free 17 minute webinar on alternative gold investments to help diversify your portfolio, a compelling case for holding onto your gold (for now), and Peter Schiff stirred the pot on Twitter, calling silver the next bitcoin. Is he right? All this and more in today’s precious metals news.
Let’s dig in…
Price
Silver Gains 85% Since March, Investors in “Buy-Everything” Mood Push Precious Metal Price Higher
Silver surged 7% on Tuesday, likely because of positive news reports on potential COVID-19 vaccines along with the European Union’s $860 recovery package aimed at long-term investments. The commodity may benefit from…
READ MORE
Stock Market
Not into Gold Stocks? Here are 8 Silver Stocks You Might Consider
Gold stocks are getting a lot of attention on the exchange with the boost gold miners are experiencing this year. However, investors who have not taken the time to look at silver stocks should do so—silver stocks have been quietly gaining during the pandemic as well. Silver had been trading at its highest level on four years—and there is a case that silver stocks could continue to rally and even outperform the yellow metal. For investors, here are eight silver stocks that deserve at least a long look:
SEE 8 SILVER STOCKS DESERVING A LONG LOOK
Commentary
Webinar: John Reade at the Pensions Age Virtual Conference
Over on the Goldhub blog, you will now find a webinar that showcases the difference in the role of gold as a stand-alone asset compared to broader commodity indices. The webinar is presented by Goldhub’s Chief Market Strategist, John Reade. In only 17 minutes, you will learn about alternative gold investments that help investors diversify and add higher risk-adjusted returns to their portfolio.
FREE WEBINARE FROM THE WORLD GOLD COUNCIL
Commentary
The Case for Holding Gold
The Chief Investment Officer of Switzerland—Stephane Monier—comments on the gold sector and the case for holding it. With the nature of the gold market shifting during the COVID-19 pandemic, consumers spending less and investors increasingly turning to precious metals as a portfolio hedge and diversifier, investors in these uncertain economic times may want to think about holding onto their gold for now. Monier explains why:
READ HERE
Commentary
Is Silver the New Bitcoin? Peter Schiff Says Yes as the Precious Metal Hits Six-Year High
Gold evangelist Peter Schiff has been a bear when it comes to Bitcoin. Recently, he created a stir on Twitter by tweeting: “Silver is up more than 13% so far today, while #Bitcoin is barely up 2%. #Silver is the new Bitcoin, except with direct utility. So while Bitcoin bugs are dreaming about Bitcoin going to the moon, they are missing the real life moonshot in silver.” The backlash on Twitter from the cryptocurrency community was epic. Here is a closer look at why Schiff threw shade at Bitcoin by comparing it to silver in 2020:
READ MORE
Price
Precious Metals Bulls Charging Toward Gold and Silver Upside Price Targets
Veteran market analysts always look at past price history to determine where prices will go in the future. These monthly continuation charts for gold and futures show the next major upside price target is $1920.70, last reached in 2011. If that level is taken out, then the $2,000 mark will likely be hit and surpassed in the near future.
READ MORE
Thanks,
Gold Silver Central
|
