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<p>[QUOTE="chungt, post: 4595290, member: 112713"]No one would invest in gold or silver unless there is a serious downturn in the market and we’ve had a bull market for a loooong time. With this covid-19, there is a serious concern now for a market crash that is driving the price or gold to record levels. With the second wave of covid-19, i believe gold will reach over $2000 easily and maybe up to $2500. When gold gets too expensive and the economy turns around, silver will go up to who know how much. No one knows whats gonna happen. If silver stays at current level, you would have made the right choice. If the silver shoots up to $30 by next year or so, you may regret your decision. I recently acquired some gold and silver at 2:3 ratio because i am betting that it will go up significantly this year and next. But then, i cant see the future so its my speculation.[/QUOTE]</p><p><br /></p>
[QUOTE="chungt, post: 4595290, member: 112713"]No one would invest in gold or silver unless there is a serious downturn in the market and we’ve had a bull market for a loooong time. With this covid-19, there is a serious concern now for a market crash that is driving the price or gold to record levels. With the second wave of covid-19, i believe gold will reach over $2000 easily and maybe up to $2500. When gold gets too expensive and the economy turns around, silver will go up to who know how much. No one knows whats gonna happen. If silver stays at current level, you would have made the right choice. If the silver shoots up to $30 by next year or so, you may regret your decision. I recently acquired some gold and silver at 2:3 ratio because i am betting that it will go up significantly this year and next. But then, i cant see the future so its my speculation.[/QUOTE]
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Can of worms - to invest in silver or not
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