Don’t fear the global recession! I reckon this safe haven could help you get rich

first_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Royston Wild | Thursday, 21st May, 2020 | More on: HOC “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Don’t fear the global recession! I reckon this safe haven could help you get richcenter_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by Royston Wild Simply click below to discover how you can take advantage of this. Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. It looks like a painful global recession is just around the corner. Are you ready for it? Ratings agency Fitch recently suggested that “a recession of unprecedented depth in the post-war period” is approaching.It predicts a 3.9% contraction in the global economy in 2020 too. Oof. It’s a scenario the agency says “would be twice as severe as the 2009 recession.”5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…A recession is coming, sure. But it’s not cause for stock investors to sell their holdings in a panic. It’s no reason for them to lock their money in low-yielding products like Cash ISAs either. It’s still possible to buy shares today that will thrive, not just over the long term, but in the next few years too.Will a global recession boost this share?Silver producer Hochschild Mining (LSE: HOC) is one of these. Gold is considered the ultimate safe-haven asset by many. So significant price gains here have grabbed most of the attention recently (it recently spiked to new multi-year peaks of $1,750 per ounce).Those price movements have taken the attention from silver. But gains here have been quite brilliant on fresh fear-related buying. Just yesterday, it stormed to three-month peaks around $17.50 per ounce. Many metal experts are becoming increasingly bullish on what they think the price will hit as economic uncertainty intensifies.Playing the ratioInvestment demand for silver is booming. Latest data shows silver exchange-traded funds (or ETFs) have enjoyed inflows of some 95m of material since the turn of the year. It could be argued that there’s more scope for silver demand to rise than gold in the months ahead too.The gold/silver ratio calculates how many ounces of silver it takes to buy once ounce of gold. It’s a useful gauge to tell how much value these flight-to-safety currencies offer in relation to each other. And it looks as if traders and investors are beginning to ‘trade the ratio’ and get more bang for their buck by buying into the cheaper asset.Sure, the ratio has retraced a bit from recent record levels above 125, but it still perches around 100. The long-term average sits closer to the 60-odd mark and leaves plenty of room for more tactical buying. It’s another reason why plenty of brokers are believing that silver prices will continue rising during the first few years of this new decade at least.Room to growIt’s also another reason to be bullish over profits at Hochschild Mining. The FTSE 250 digger has leapt 135% in value as silver prices have surged over the past couple of months. It might consequently trade on an elevated forward price-to-earnings multiple around 35 times.But this is a share that could still prove a brilliant buy as a severe global recession likely keeps silver bullion well bought.last_img read more