Over the last several years, gold took many investors on a roller-coaster ride. Having now settled back down to something closer to normalcy, the commodity still leaves some investors feeling skittish. Even if an immediate run-up in the price of gold is not exactly on the minds of many, a distaste for its recently demonstrated volatility certainly is. At the same time, many investors are looking for safe harbors of the kind that gold had historically seemed to be, up until recently.
It might seem strange to some, but the quest to Buy Silver is increasingly the answer. Silver’s recent history, in fact, was even more dramatic than that of gold, with a spike in the middle of 2011 bringing it to nearly three times the price it commands today. Even so, many of those who Buy Silver in Lincoln Park area today insist that they do so out of an aversion to excessive volatility.
To understand this, it helps to appreciate the historically demonstrated linkage between the prices of silver and gold. When gold leads into a new level of price attainment, silver inevitably seems to trail somewhere behind. As investors who appreciate the usual stability of precious metals start to become nervous about gold, they typically devote a portion of their funds to silver, instead.
Because trading volume in silver, in total dollar terms, tends to be somewhat lower than that in gold, that overflow can lead to some impressive jumps in price. In fact, many attribute the record highs of 2011 mostly to this phenomenon, believing that it was largely the excesses of the gold trade that produced them.
Among those who Buy Silver in Lincoln Park at the present time, then, there are many who are guarding against the possibility of again-overheated gold market. Taking out substantial positions in silver now, some feel, will help them to benefit even more from such a recurrence, compared to simply holding gold. While that is not strictly a means of staying clear of volatility, it is, in some sense, a precious-metals-based means of protecting against the worst implications of it.
