TRACKING THE SILVER INVESTMENT GURU, DAVID MORGAN - AN UNOFFICIAL TRACKING OF HIS INVESTMENT COMMENTARY
Friday, May 20, 2022
The Silver Investor: Stocks and Bonds Weaken, Gold Starting To Hold
With its long history as a store of value, gold has traditionally been used by investors to guard against stock volatility, currency fluctuations and other market risks. But why is gold and silver prices treading water?
Gold's price is roughly $1,883 per ounce, which is down about 4% for the year but up significantly from prices seen three and five years ago. Even though the price appears to be lagging as of now, it is historically high.