Review: The fundamentals of trading silver
Rating: 5 out of 5
Date: 05 23, 2014
Silver is a precious metal and also an industrial metal that is a risky commodity to trade but can be quite profitable, if approached with care. This guide discusses the popularity of silver trading and how it distinguishes itself from other commodities. It explains the principles of investing in silver through futures, options and ETFs, as well as its price drivers. In whole, it mentions the basics of trading silver in a thorough manner. I found this book quite interesting and though I was warned by the author of the volatility of this metal and told that trading options are not for beginners in the silver trading market, I can’t help but feel attracted to this metal. It’s used very frequently for industrial purposes, yet there is less above ground than gold; it’s a rare commodity. I am curious to see if the future will balance out their price ratio.If you are interested in silver or precious metals trading, I recommend this guide as a run-through for how this commodity is moved on the market.