Saturday, December 25, 2010

Why silver is the top pick for 2011

From ArabianMoney.net:

Search back in the archives of ArabianMoney and you will find gold as our tip for 2010 (click here). Not bad, the yellow metal gained more than 26 per cent but it played second fiddle to silver as the best bet of the year up more than 70 per cent.

You do not need to be a Wall Street rocket science to know that silver outperforms gold when precious metals go up, and moves down faster in the opposite direction. Last year we listened a bit too much to the worries about silver as an industrial commodity and rather stupidly were put off by the 50 per cent price crash in late 2008, though we did tip silver in April (click here).......read on

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