Managing Partner of Chapwood Investments Management, Ed Butowsky appears live on Fox News, America's News HQ, to examine the record highs of precious metals or hard assets like gold and silver. Is there a good time to buy?
Ed Butowsky examines the impact and the cause of why the market has turned to gold and silver. With the history of Gold is well known as a precious metal that will retain its value. Silver has become more and more a hot commodity in the precious metal family because of its inherent value in industrial uses. Specifically in solar technology. With the price of an ounce of gold or silver as high as it is, is it worth it to buy now or wait for a lull in the market? Ed Butowsky feels that these metals along with diamonds and other hard assets like real estate will only go higher. Its quite possible that gold and silver could top $5,000. Investing is a science of probability.
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