Summary
This prediction is currently active. The prediction currently has a performance of 22.23%. This prediction currently runs until 28.06.24. The prediction end date can be changed by Biggybaer at any time. Biggybaer has 10% into this prediction This prediction was marked as speculative and is excluded from Biggybaer's performance statistics.Silver is a precious metal that has been used for centuries as a form of currency and a means of exchange. It is widely known as an investment asset and often used as a hedge against inflation and market uncertainty.
Investors and traders use silver as a commodity to speculate on future price movements. The price of silver is often affected by factors such as global economic outlook, geopolitical tensions, and supply and demand dynamics. Therefore, it can be subject to significant price fluctuations, making it an attractive option for traders who seek high-risk, high-reward investments.
As an investment asset, silver can be purchased in several ways, including physical bullion (coins or bars), exchange-traded funds (ETFs), futures contracts, and options. Each of these investment methods has its advantages and disadvantages, and investors should carefully consider their options before investing.
In summary, the role of silver as an investment and speculative opportunity largely depends on the individual's investment goals, risk tolerance, and market outlook. It can be a valuable addition to a diversified investment portfolio, but it's essential to conduct thorough research and seek professional advice before making any investment decisions.
Performance without dividends (%)
| Name | 1w | 1m |
|---|---|---|
| Silver | -4.794% | -4.794% |
| iShares Core DAX® | 2.594% | -1.158% |
| iShares Nasdaq 100 | 3.553% | -1.727% |
| iShares Nikkei 225® | 0.687% | -8.354% |
| iShares S&P 500 | 2.209% | -0.942% |