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Message: silver the magic bullet

silver the magic bullet

posted on May 04, 2009 08:42AM

this is from an article by peter j cooper:



The world’s stock of silver is one hundredth that of gold and the current price makes this metal arguably the most depressed commodity of all. It has never traded at even half its 1980 high, although it has recently come close to the average price for that year.

When the gold price lifts off then the silver price should take off by at least a factor of two, and the gold:silver ratio drop. This is also the historic pattern, with silver the better performing metal in a boom, albeit with higher volatility than gold. So if you are looking for a magic bullet to boost your portfolio, silver should be your asset class of choice.

http://news.silverseek.com/SilverSee...

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