January 19, 2022, 12:17 pm EST
Emerging Metal: Gold and Silver
Gold and silver are emerging quickly since last December. We had issued multiple articles in the past two months about it:
- 12/16/2021: Gold, Silver, and Food
- 12/16/2021: Stock Picks (NEM)
- 01/04/2022: Stock Picks (NEM)
Traditionally, gold and silver are the best weapons in fighting inflation. This time cryptocurrency made people believe that there is a quicker way to get a higher return. Thus, the emergence of the precious metals came a little bit late when the rising rates are just about to start in March.
Today should be the breakout day for both gold and silver:
- Gold: GOLD, AEM, KL, FNV, NEM, HMY, HL, GFI, AU, AGI, KGC, AUY
- Silver: AG, PAAS
Please note that silver is more volatile than gold so both gains and losses are greater. Overall, investing precious metals at this time frame should be reasonable to expect profits for months to come.
