Russ Koesterich
Blackrock / Seeking Alpha
After rising nearly 12% from its June lows, silver has been garnering some attention in recent weeks, as investors and market watchers look for something to get excited about amid the broader market’s low volatility and slow grind higher. It’s no wonder, then, that many are asking whether it’s time to jump on the silver bandwagon.
My take: Despite the precious metal’s recent rally and though silver may be somewhat more interesting than gold, I’m not convinced that this is a market that most investors want to chase.
First, it’s worth putting silver’s recent rise in context. Here are three important facts about the recent rally.