For investors interested in a product with upside potential and downside risk and who are optimistic about the potential for precious metals, silver is the metal for them. It has the most upside should the central banks give additional excess capital.
The gold bull market is alive and well, meaning now's the time for investing in gold exchange-traded funds (ETFs). Popular gold ETFs including SPDR Gold Trust ETF and the iShares Gold Trust ETF are nearing their February price highs after slipping in May. They are both up 10% year-to-date.
Thank Bill Gross for adding muscle this week to the already strong gold prices. The Pacific Investment Management Co. founder and co-chief investment officer said US fiscal problems will burn investors if they aren't protected by gold and real assets.
Silver Wheaton has found its niche in silver streaming. The company provides money for capital expenditures on the front end as a project starts to develop. It then acquires rights to purchase the produced precious metals at low, fixed prices.
Analysts forecast China's silver demand to increase as much as 10% in 2013 from investors looking to preserve their wealth. This is a record level for Chinese silver demand – and good news for silver investors since China is the world's second-biggest user of the metal.