Safe haven assets are your friend in this environment, as volatility is soaring. Both silver and gold have been soaring in the past year, outperforming the market. These assets now look like the go-to, considering tariffs and geopolitical escalation, especially in the Middle East.
Silver is up almost 25% in the past year and has more than doubled in the past five years. Silver is still undervalued compared to gold due to most investors focusing on gold in recent decades. And although gold will likely perform very well over the coming years, silver could outperform it.
This post originally appeared at Money Morning.