After reaching an historic high in 2011, the price of silver has dropped. In a matter of months, the price went from around $50 an ounce to almost half that in December 2011. This silver price drop creates the perfect opportunity for silver investors. Smaller investors should follow large investors’ lead and invest continuously as long as the silver price remains low.
Silver investors should not try to wait it out and see when the silver price hits bottom. No one knows when or where the bottom will be, so it is best to continuously invest as long as silver is low. The price of silver could suddenly jump at any time, leaving the investor who waited too long without the opportunity to buy inexpensive silver. Continue reading