With silver prices down some 30% year-to-date, is now a good time to buy silver?
We at Money Morning love the buying opportunity being presented in the silver market. With a near zero interest policy in the U.S. likely to stay in place for at least a few more years, and global monetary printing presses continuing to run at full speed, precious metals like silver are once again a lucrative, and now much cheaper, asset.
Rick Rule agrees.
Money Morning recently spoke to Rick Rule, president of Sprott Asset Management and founder of Global Resource Investment Ltd., about silver’s decline in 2013 and what investors should do now.
Here’s what he said about if now is a good time to buy silver…