When to Buy Silver or Gold

Market professionals often have differing opinions about when to invest in some products or when to sell. Some investors recommend being aggressive, while others suggest a more conservative approach. The question then becomes what you should do when investing in Gold or Silver. As you look at Gold or Silver prices throughout history, you see there is a shift upward, especially in times of a recession. While experts may differ on when you should invest, it is important to look at some factors that affect you immediately.

  • Finances and budget. No matter what you plan on investing in, personal finance and budgeting is important. Falling into debt or spending more than you are comfortable with is an indication that an investment may not need to happen at this time.

  • Understanding current events. Current events play an important role in Precious Metals pricing, especially in regard to financial interests. Whether there is political intrigue or market activities, metal price ebb and flow. Keep track of the news because that may be beneficial in your decision making.

  • Is it a bear market or a bull market? A bear market is a market where prices fall, encouraging selling. A bull market is a market where prices rise, encouraging buying. When you know where the Precious Metals market is, you can make a better decision.

  • What are you willing to do? Investing is an inexact science. Potential investors should do a large overview of what they are comfortable doing before investing including examining their long-term goals. Stock markets and Precious Metals markets will change frequently.

Buying on Market Dips

A common speculation on when to invest in Silver or Gold is to buy on the dips. Silver and Gold value has always been high. When you buy Silver or buy Gold, you are buying a physical element that many people see as insurance. According to Clem Chambers,  "Most people who want to speculate want to buy something going up. The best time to buy, however, is when something has stopped going down." (Forbes) Investing in something, even if it is on the dips is perhaps the most conservative approach with the biggest benefits. In terms of Precious Metals, the price and value has consistently remained high and rebounds even when political factors are at play. In Chambers' followup example of Gold, "If Gold took another leg down it is a simple level to monitor and jump off from if it began the tumble. At $1,000 an ounce, Gold feels like an insurance policy worth accumulating and like all insurance policies it pays off intangibly by being a comfort to hold. So while investors wait for the next ‘big one’ in the global economy, Gold remains a sensible tweak to any portfolio but not a good prospect for a big position awaiting a big rally in Precious Metals." (Forbes)

When you buy Gold or buy Silver, ensure you have the right intentions in place. Buying when the price of metals has stopped going down is a good direction to take. Investing in Precious Metals requires studious planning. When you have the planning in place you might be on the right track for your future financial goals.


There are no items in the cart.