The Gold Report: Precious metal bullion and equities are taking a hit right now in the market. Why do you feel silver is an interesting investment today?
Rick Mills: There is a disconnect this year between silver and gold. They usually trade in lockstep, and their market prices are doing that.
As of April 2, more than 140 tons of gold has flowed out of various exchange traded funds (ETFs) this year, while silver ETFs have added more than 20 million ounces (20 Moz). Maybe that is because silver is more affordable than gold or because silver also has industrial uses.
TGR: But … [visit site to read more]Similar posts:
- Two Seniors + Five Juniors = One Amazing Gold Portfolio: Adrian Day The Gold Report: John Wilson, a senior portfolio manager with...
- Will We See a Silver Breakout in 2013? In an impromptu poll at The Prospectors & Developers Association...
- Eric Sprott: Central Bankers Are Gaming Gold The Gold Report: The price of gold has dipped under...
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here