The world’s largest endowment also bought 1 million shares of Amazon, despite cutting back sharply on Alphabet, Meta and Microsoft.
The precious metal can be volatile, but it is worthwhile to hold over time, counsels State Street’s Milling-Stanley.
The metal’s price is way up, but it tanked after the resolution of the 2011 federal default crisis and could face further volatility this year.
One factor that gives silver a boost is its use in renewable energy products, DataTrek says.
Centered on surviving a bleaker world, Bank of America’s updated version has better market performance.
The commodity has been having a good month despite a recent report of low demand.
Investors could see either a 1970s-style double-digit ripsnorter, a return to a more normal level, or something in between.
