No. of Recommendations: 0
Any comments on this strategy for silver allocation in a Roth
CEF - Central Fund Of Cananda - holds silver and gold-- itis a fund
SLW - Silver Wheaton - silver streaming stock
UNWPX - U.S. Global Rrecious Metals fund - mutual fund
holds various metals
outside Roth some junk silver
Total allocations not more than 5% of portfolio
Would appreciate your thoughts. Thank you in advance.
No. of Recommendations: 2
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.
Gordon
Atlanta
No. of Recommendations: 2
Maybe gold and silver are in a bubble
But 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....
No. of Recommendations: 1
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
