Why This Non-Gold Commodity Is Essential for Your Portfolio
As readers of Profit Confidential already know, I have been bullish on both gold bullion and silver prices. I believe these two precious metals have great futures ahead of them, in spite of all the negativity about them in the mainstream media and their recent price slump—especially silver.
According to the mainstream media, that’s because the Federal Reserve is about to stop pumping money into the economy. The U.S. economy is getting better, and the global economy isn’t doing as poorly as many thought it would. Under those conditions, metals like gold bullion and silver would not be wise investments.
But what many don’t realize is that those conditions are not prevailing. In fact, the fundamentals for increases in the value of gold bullion and silver are actually very strong. And that has reinforced my original belief that increases in silver prices will outperform gold bullion prices.
Here’s what you need to know: silver prices will see an uptick because of the most basic of economic reasons—demand will outstrip supply.