No. of Recommendations: 1
"do you think that the silver price is a bubble?"I vote for bubble.
Gold chart 1915 to present:
bankrate.com - Gold price historySilver chart 1915 to present:
macrotrends.net - Historical silver prices year chartYou will note gold & silver move somewhat in tandem.
Both rose during stagflation in the 1970's.
Then declined rested. Hitting a low point during 1990's stock market golden era.
Then began to rise finally hitting former highs in 2006-07 [anticipating 2008 RE bubble burst?] to peak in 2011.
Then declined and rested until 2024 and took off again.
It seems to me that the time to buy silver or gold is when the economy looks rosy and the stock market is doing well. Then the price of gold or silver are both down.
ishares has a silver ETF [SLV]. It started in 2006. I suggest one go to Morningstar.com and enter SLV. Than go to chart and enter maximum time frame. Then enter SPY [S&P 500] and compare the returns. Remarkably SLV has a similar return as SPY, but only because of the recent surge. SLV has long periods of poor performance. It does well only when investors are worried about the US economic system.
