silver has more industrial use than gold does.
plus gold and silver track eachother or stay pegged to one another.
the silver to gold ratio. basically you shouldn't expect silver or gold to outperform one another TOO much, but silver has been a better performing asset this year than gold.
to think i bought silver last december for 16.70ish
metals are volatile though. and the poster citing the inflation issues is correct.
you can chase gains, or think the trend is your friend. but in the end you could be buying silver or gold at record highs...and it could pull back 6-20%, and you might be holding silver for a little while.
I would like to make this chart available for fans of gold though....
http://inflationdata.com/inflation/images/charts/Gold/Gold_inflation_chart.htm
I do not suggest white metals necessarily or gold. I think you are much better off buying crude oil futures, or canadian oil sands / canadian drilling companys. They don't have the insurance risk/liability of deep water. They are doing relatively safe drilling.
I would encourage you to look at BTE. They yield 7% dividend, they pay monthly on top of that. Your dividends are taxed at 15% currently. Now is obviously a "your buying at the top" kind of situation with BTE. But I won't complain if you buy, because I am up over 40% on it :)
Crude is even pretty volatile, and I don't like owning crude oil futures. I do enjoy well ran crude oil companies though.
