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Is silver the new gold in 2013?

Posted on 20 February 2013

Investors could do well to invest in silver in 2013, according to ETF Securities. “Silver is a hybrid metal and is likely to receive strong support in 2013, as industrial demand rebounds at the same time as we are seeing strong investor appetite for precious metals to hedge economic uncertainty,” explains Martin Arnold, research director at ETF Securities.
The precious metal’s spot price could rise from its current $31 per troy ounce to nearer $40 through the course of the year, according to a Bloomberg survey of 49 market insiders. And some commentators believe it could even reach $50 per troy ounce……………………………………Full Article: Source


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