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6 Ways You Can Invest In Silver In Singapore


6 Ways You Can Invest In Silver In Singapore
#SilverSqueeze
February 8, 2021
In recently weeks, investing in silver has been gaining widespread attention – mainly fuelled by the #ShortSqueeze by Redditors on the WallStreetBets subreddit or WSB. WSB itself has grown its subscriber base to more than 8 million members – more than Singapore’s population!
On the back of Redditors entering silver investments, silver prices have surged to close to 8-year highs. Of course, those following the saga will also know that stocks such as GameStop, AMC Entertainments, Nokia and many more surged several hundred percent due to the influx of these investors.
As an investment, silver is a precious metal commonly used as a store of value (second only to gold). This makes it a good hedge against crisis and inflation, as it tends to retain its value better than a country’s currency or during a market crash. Silver is also used as jewellery and tableware, as well as for elect ....

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Silver Spikes to 8-Year High of $30: ETFs to Ride the Rally


Silver Spikes to 8-Year High of $30: ETFs to Ride the Rally
Zacks.com
2/1/2021
Silver has been on a tear lately with its price climbing to $30 per ounce for the first time since 2013 in a Reddit-fueled frenzy. Reddit’s WallStreetBets forum declared silver “THE BIGGEST SHORT IN THE WORLD” last week, encouraging traders to pile into the grey metal.
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The social media, including thousands of Reddit posts and hundreds of YouTube videos, made calls to buy the metal and emulate the frenzy that drove up shares in the U.S. video games retailer GameStop GME by 1500% in just two weeks. Per Gregor Gregersen, founder of Singapore-based dealer Silver Bullion Pte, “the demand for physical silver is unprecedented, broad-based and deep with record number of orders as well as new record size orders over the past 24 hours.” Coin-selling websites also reported unprecedented demand and flagged delays in delivering silver. ....

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4 Invesco ETFs for Metal Fans to Consider in 2021


December 31, 2020
Metals precious and industrial have been strong performers in 2020, and that could spill over into 2021, putting four Invesco ETFs in the spotlight.
You can’t have a conversation about precious metals without mentioning gold. The 
DGL seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Gold Index Excess Return™ (DBIQ Opt Yield Gold Index ER or Index) plus the interest income from the Fund’s holdings of primarily US Treasury securities and money market income less the Fund’s expenses. The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. ....

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