As you all know, the Gold/Silver ratio XAUXAG is high enough to trigger a Silver mania once again when the recession hits. The entry point is $30.5 or now, expecting a target of 50-60$ by the end of the year. Doubling your money in less than a year is great enough, and please note that such ETFs perform better than XAGUSD prices for a simple reason:
If you are creating something that costs 1000 and selling it for 1100, your markup is 10%, and profits are 100$ If it's the price increase to 1200, your profits 200$ doubled from 100$
So holding this asset for 1100$ and selling it at 1200 will make you 100$ in profits while having the company shares may double your investment (of course there are other parameters to watch)
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.