Silver, 'poor man's gold,' primed for parabolic rise
Sentiment for silver is bullish, with several comments highlighting its historical tendency to experience a 'parabolic rise' following a steady increase in gold prices. Dubbed 'the poor man's gold,' silver is viewed as a leveraged play on precious metals, attracting speculative interest, especially for a potential 'squeeze.' While acknowledging its higher volatility compared to gold, investors bullish on the precious metals sector might consider a smaller, speculative allocation to silver for potentially greater upside, perhaps through ETFs like SLV or specific silver mining stocks. The recent increase in value of a silver necklace mentioned in a comment reflects this positive trend.