Would it be wise to invest into silver even though one might not have much to invest with? Thanks in advance.
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"gold and silver are an incredible investment right now"
Commodities are not "investments" at all, at any time, because investments offer a rate of return. I.e., you don't "invest" in a silver dollar in expectation of waking up to 1.04 silver dollars.
What they are, are stores of value (i.e., inflation hedges, and, in the case of PMs, portable wealth AKA "money").
Pedantic given the vernacular, nevertheless your definition is more accurate.
Words mean things.
You will get no argument from me on that.
It is "valued" exactly as the market is willing to pay for it.
Claiming it's "undervalued" simply tells me that the claimant is speculating "long" in whatever the claim is being made of. I.e., he's "talking his book", as the expression goes. If you don't understand this (or worse, deny it), then you're the person at the poker table who doesn't know who the "mark" is.
In other words, your trade is "crowded".