Advices on silver investment?
Silver is climbing rapidly for past several months.
I have invested in a couple of silver based mutual funds and getting more than 60% within the span of 4 months time. That's insane, now looking for advices whether should I keep investing in it or is it a high time and it's time for it go down?
What's your thoughts or advice or plans on it?
Market outlook for India is : Stagnant Stock Markets because of less trust among FI on the momentum and development of Indian markets. Resulting in amassing precious metals by the Indian govt (Russians and Chinese doing the same) hence triggering huge price bumps. This indicates re-alignment of Global Alliances and might last for 2-3 years minimum. Post which these prices will be the new normal and barely fall.
Suggest to stay invested.
If you want to play safe take the profit and not the principle.
You've made your profits. Now save them. Exit. 20% per day if you feel uncertain
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