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David Wilson: Gold and palladium most compelling, not silver

Posted on 06 May 2011

With silver still at such a discount to gold, and as gold has got increasingly expensive, we’ve seen more and more interest in silver, because it is more affordable—not just on the professional investor side, but on the retail investor side as well.
At the moment, it is playing a role as a proxy gold—a poor man’s gold. We’ve seen particularly for the last month or so, significant volumes of silver buying coming from China, which has been one of the big sources of outward price pressure for silver. It’s quite obvious the market now looks like it’s focusing on a close above $50/oz, which I think we will reach sooner rather than later……………………………………….Full Article: Source


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