Is silver a good investment? Are you kidding me?
Now is not the time to invest in silver because it’s in an even bigger bubble than gold is.
(Read this: Is gold in a bubble?)
No one really knows what the future holds but it seems to me that investing in the silver bubble would be a massive misstep. It’s almost admitting that the world is coming to an end. And if the world is coming to an end then silver won’t help you much anyway. It’s a hard asset like gold and can’t be printed. When all the people start panicking like little babies, the prices of both gold and silver skyrocket, for a while. Don’t forget, these supposed “safe haven investments” have been known to crash hard and it can take decades to get your money back.
Take a look at this silver chart from Wikipedia:
