Silver’s On Fire…But For How Long?

Have you seen the price of silver the past few days?

silver kilo barYep, it’s going up with prices hitting another 22-month high near the $20 level.

Many pundits are saying the price increase of silver and gold are a reaction to the Brexit vote, where Britain voted to leave the EU.  I, on the other hand, think the price increase is because… wait for it…

That’s what silver does.

Prices go up, and prices go down.  It really doesn’t matter to me.  What’s important is that you should be accumulating as much of the precious metals as you can.  There will come a time when the currency crisis hits a point where the price for silver and gold will go astronomical.

One nice feature of accumulating silver and gold with OwnX is that every so often, I will exchange some of what is in my depository for physical metal.  I think it’s important to be diversified in my holdings, and having physical metals is a real comfort.

Create your OWNx account to gain access to direct ownership of physical gold and silver today.