Recently, at lest one goldbug - Ed Steer, who's with Casey Research - has pointed to a disparity between gold and silver drops. This article in the Telegraph explains why: buying physical silver is becoming more popular.
In a precious-metals bull market, silver usually fals behind gold until the bull's mature; then, silver tends to explode. We aren't at that stage yet, but the new demand for silver isn't inconsistent with such a move in the near future.
Thursday, December 17, 2009
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