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Opalesque Exclusive: Singapore-based ESC Financial Services prefers silver to gold
We note that Gold closed at an astonishing 825 level in its last session (November 06th, 2007). Indeed very impressive. Gold has been, in a long time, the center of attraction in the investment community. Historically it was always the case for this precious metal. Consequently, the Gold market is becoming a very crowded market a fact that might raise some concerns.
The commodity bullishness is apparent since 2001. We are all aware of the probabilities for this bull cycle to last for another ~5 to ~15 years, should we follow financial Experts such as Jim Rogers, Marc Faber, and others.
In our search for an improved investment prospect within the precious metals sector, we noticed that better opportunities exist in Silver rather than Gold. With all the buzz around Gold, we also notice that in any commodity bull cycle, Silver has outperformed Gold by 2 to 3 times. As expected, in the current commodity bull mode (since 2001) Silver is outperforming Gold! Technically, Gold to date is only ~3% below its historical all time high in 1979, while Silver, at an outstanding 15.60 level (as of November 6th, 2007) is ~207% below its historical all time high in 1979! A lot of upside potential, still, for Silver.
While Gold is very popular within the mass investment community, Silver, nevertheless, is a highly popular amongst specialists investors such as Warren Beffett, Jim...................... To view our full article Click here
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