Most Helpful Guy
No financial advisor here either, but i am an investor.
First, clarify for yourself your overall goals for investing in anything in the first place. Unless you can closely monitor a particular asset on a day by day basis and time the purchase or sale of same, you're not going to get much in the way of results by 'targeting' the markets.
Investments are best made in stable assets which have a long term average growth. Overall the general stock market has appreciated about 8% per year for pretty much the past eighty years or so, maybe even longer.
Point is, take whatever cash you have above what you need, stick it somewhere you've researched a bit, and forget it's there. Especially don't monitor CNN and other market tickers. That will only cause you shitcramps.
That being said, gold versus silver is actually risk versus reward. You say you don't have the bucks for gold, fine. But what happens is that while silver seems to increase steadily, gold goes through large but intermittent leaps in value, sometimes with years between each one. So no recommendation here, just asses what you have and place it where you CAN afford, which in your case seems to be silver.