At Gold & Jewelry Direct in Algonquin, we are huge advocates of having clients buy physical coins and hold them in their possession. The article below demonstrates the dangers of a precious metals dealer sell you coins and then say they will hold them on your behalf. If you’re interested in protecting your wealth from inflation, give us a call (847) 458-0899!
This article originally appeared on Kitco.com
The silver squeeze is coming, stocks could be depleted in two years – TD Securities
There is a lot of focus on gold right now as prices push to within striking distance of $2,300 an ounce; however, one bank is telling investors that silver is the metal to watch.
After underperforming gold in the last month, as the yellow metal hit record high after record high, silver has now started to move. The gold-silver ratio has dropped sharply to 87.6 points on Tuesday but still has a long way to go before hitting last month’s lows at 85 points, much less the historical average in the low 50s..
