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Gold And Silver: Safe Haven Or Overhyped As Summer Heats Up?

Gold and silver have been shining bright as the stock market fell off a cliff due to fears over the impact of Donald Trump’s wide-sweeping tariffs. With gold smashing past $3,260 per ounce and silver not too far off from its own highs while the stock and bond markets are stuck in limbo, it’s tough not to think about upping one’s gold and silver exposure, even if it means paying up a premium price tag.

At the end of the day, gold and silver are excellent portfolio diversifiers, especially for a time like this: when a global trade war threatens to sink the global economy into a man-made economic downturn.

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This post appeared first on 24/7 Wall St.