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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

Is silver still a monetary metal? Perhaps not, but is that even relevant?

Posted on 11 October 2012

One only has to compare the charts for the two main precious metals, gold and silver, to see how close the price movement correlation is for the most part. Yes, there are occasional anomalies, but broadly speaking the silver price moves up and down in line with the gold price, although the peaks and troughs tend to be more exaggerated.
Indeed over the third quarter this year silver was certainly the best performing major metal commodity of all (if one ranks gold as a commodity which perhaps runs counter to my last article - see Gold is not a commodity but the strongest currency of all. In this article I am using the word commodity in a more general manner!)………………………………………..Full Article: Source


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VRS - who has written 37561 posts on Opalesque Commodities Briefing.


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