While I believe that most investors should always have a small allocation to precious metals, it’s not clear that this is the time for a dramatic increase in the allocation to either metal. For investors looking to add to positions or for an incremental play on global growth, I’d prefer cyclical stocks or Japanese equities over both silver and gold.
Sources: BlackRock, Bloomberg
Russ Koesterich, CFA, is the Chief Investment Strategist for BlackRock and iShares Chief Global Investment Strategist. He is a regular contributor to The Blog and you can find more of his posts here.
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