Looking back in history, it is evident that many people pay close attention to gold and silver. This trend dates back to when these precious metals weren’t even near their current price levels. Financial analyst Peter Leeds can be labeled as a silver bug, primarily because of his interest in this metal.
The Career of Peter Leeds
Over the years, Peter Leeds has become a renowned financial analyst and investor. He has always paid close attention to financial markets and specializes in mass market investor education.A lot of people remain in the dark as to how financial markets work, and jumping in blindly will ultimately lead to financial ruin.
For Leeds, his way of educating the masses comes in the form of being a public speaker, agreeing to media interviews, and organizing seminars for both novice and experienced investors. He is also involved in online publications, allowing him to get in touch with millions of enthusiasts around the globe.
Some people may know Leeds for running the Penny Stocks website. This has also contributed to earning him the title of “Penny Stock professional”, although the foundations for that title were laid much earlier in life.
Following a completely failed investment at the age of 14, Leeds decided to study techniques and strategies of other traders. Technical analysis also became of great interest, as it can help gauge overall market sentiment. Ultimately, his system became known as Leeds Analysis, a method successful for finding low-priced stocks with treat profit potential.
Peter Leeds on Gold
It is evident that paying attention to precious metal will often broaden one’s horizons. Leeds is no exception, as he isn’t just paying attention to penny stocks. One of his most recent investment videos touched upon gold, stocks, Bitcoin, and the impact of COVID-19.
In the video, Leeds explains as to how he thinks that gold is poised to reach new heights. That is in line with other predictions made by various market experts. Some even claim that a price of $3,000 per ounce remains very likely. That outlook may be fairly optimistic, but anything is possible under the current global financial circumstances.
Peter Leeds Expects Silver to Soar
Similar to his opinion on gold, Leeds is very hopeful when it comes to silver. In fact, he considers it to be the top investment for 2020 and possibly beyond, especially given how all financial markets have evolved this year.
Making it his personal “top investment call for 2020” may be a bit optimistic in the eyes of some. Others , who are more experienced in the markets, will see some merit in the video evidence provided.Silver has been undervalued and underappreciated as an investment for a very long time. It is merely a matter of time until things change for the better.