So we know that gold is currently much more valuable than silver. When everyone else was buying wildly overvalued tech stocks during the Dotcom Bubble, Buffett was instead buying cheap things like value stocks and silver. Berkshire officially stated that the reason for the purchase was that due to the supply and demand characteristics of silver, they expected it to appreciate in price. In other words, they correctly thought it was undervalued.
At West Hills Capital, our goal is to provide the most accurate and uncompromised information regarding the best options for buying silver, gold and other metals. Protecting our customers’ retirement assets and educating clients about owning precious metals for wealth and asset management are our passion.
Costa likes silver because it is a play on the same macro thesis, but offers investors more opportunity. Silver’s performance is directly linked to gold’s but is traditionally much more volatile because of lower trading volumes. And so an investment here could serve as a more levered bet on a continued gold rally, he said.
At the same time, I have no trouble believing that there will continue to be legions of folks who will perpetuate the massive inflow of capital into ETF gold opportunities. Some may simply use ETF gold investing to broaden their already-existent in-hand gold holdings, arguing that they have diversified storage locations to minimize risk of thieves. Regardless of the reason, I think it’s wise to share some insights to help out future ETF gold consumers.
Mutual funds are managed by professionals who have a thorough knowledge of the market and are highly successful in returning profits on your investment. There are fees associated with mutual funds and this is where an understanding of load and no load funds will increase your potential profit in this area. These mutual funds are also limited in availability as there are not that many well established mutual funds that specifically target either gold or precious metals in general.