Any comments on this strategy for silver allocation in a RothCEF - Central Fund Of Cananda - holds silver and gold-- itis a fundSLW - Silver Wheaton - silver streaming stockUNWPX - U.S. Global Rrecious Metals fund - mutual fundholds various metalsoutside Roth some junk silverTotal allocations not more than 5% of portfolioWould appreciate your thoughts. Thank you in advance.
These look like Gold and silver plays.It seems to me gold and silver have been going up almost exponentially -- sort of like housing in 2007 or "dot Com" stocks in 2000.Maybe gold and silver are in a bubble and the prices will drop just like they did 1980 -- Silver lost half its value in one day!Myself I like the dull boring mutual funds.GordonAtlanta
Maybe gold and silver are in a bubbleBut it's different this time. Profits don't matter - it's page views (oh wait, that was internet stocks)They're not making any more land (oh wait, that was real estate - and farm land in the 70's)Maybe some nice tulips....
With all the other metals mixed in maybe it's an "alloy"cation. (sorry, couldn't resist)Hey, if that's how you want to invest 5% of your port, knock yourself out.-drip
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