| 30.05.2011 - Silver – why so volatile? |
| Silver is the volatile precious metal. For example, a few weeks before the collapse of Lehman Brothers in September 2008, it took 51 ounces of silver to buy one ounce of gold. At the height of the market turmoil one month later, it took 84 ounces of silver to buy that same ounce. What makes silver so volatile? The demand for silver is ”elastic” – to put it into economic terms – while the demand for gold is ”inelastic”..............................................Full Article: Source |