investing (3)

A Little Silver Lining

"A silver lining is a sign of hope or a positive aspect in an otherwise negative situation. The phrase is often seen as part of the proverb Every cloud has a silver lining, meaning that there's hope or something good to be found in every bad situation."

With excess returns, interest goes up. Silver is one of them that comes to mind today.  A recent inquiry from a dear old friend of mine brings up this topic today and the basic research done to respond with some sense of duty. 

Dear friend, I hope you have had a chance to check out the link I sent yesterday. Silver is up 127% from it’s low point last year, for a return of 47.4%. It was one of the fast growing asset classes last year. I am not sure about your thoughts of investing directly in silver.  1000 ounces works out to be a lot of money, getting you in the  $35,000 range is a lot to specialize with.  It might be fun to own a little silver, but that would be the extent of it for me. If you do get some, I would buy 5-10 Ounces from you.

I am not going to give you any advice on this. Sounds like your doing your own research.   

Here is a few  links that I found which I found interesting.

https://www.bullionvault.com/silver-price-chart.do

 

https://www.kitco.com/charts/livesilver.html

 

https://moneyweek.com/investments/commodities/silver-and-other-precious-metals/601707/silver-price-boom-or-bust

 

https://investingnews.com/daily/resource-investing/precious-metals-investing/silver-investing/what-was-the-highest-price-for-silver/

 

“Silver hit US$48.70 per ounce, the highest silver price to date, towards the end of the 1970s. The metal’s bid price was driven by the Hunt brothers, two wealthy traders who attempted to corner the market by buying not only physical silver, but also silver futures. They then took delivery of that silver instead of taking legal tender in the form cash settlements. Their exploits ultimately ended in disaster: On March 27, 1980, they missed a margin call and the silver market price plunged to US$11.”

 

Silver is an interesting asset, it is on the high risk level of a portfolio, as other precious metals are.  Here is a group of charts in our system that you may also find interesting .

 

https://www.visualcapitalist.com/?s=silver

  

Here is a link to the Dynamic Precious Metal Fund, I am attaching a Fund Fact sheet as well. If you would like to invest some money in this portfolio, we could meet to discuss this. This is the F series of the portfolio and our advisory fee per year would range from 1 to 1.5 % depending on volume invested.  There is other portfolio’s available, I think this would be representative of the asset class , and  this is not a deep dive into the asset class. This portfolio is more diversified than a direct silver only fund. Less risk, similar reasons for increased demand for precious metals.  

 

https://funds.dynamic.ca/fundprofiles/en-US/H81K/F/CAD

 

Manager of the portfolio

https://dynamic.ca/en/talent/investment-teams/portfolio-managers/equity-income/robert-cohen.html

 

Hope this helps you with your decision’s , please  let me know if you would like to pursue this further.

Thanks

Tim

 
Subject: Metal info

 https://www.visualcapitalist.com/how-every-asset-class-currency-and-sp-500-sector-performed-in-2020/

 

Timothy Ross, Family Advisor, CEO & Founder, Brock Shores Financial

Mutual Funds offered through PEAK Investment Services Inc.

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“I told myself that some families we get without asking, while others we choose.
And I chose those two. I think that’s what you’d call a silver lining.”
― Jenny Valentine, Broken Soup


“It was a melancholy day indeed when the sister of solitude was Sunday's silver lining.”
― Alethea Kontis, Enchanted

 

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