Silver As A Cheap Gold Proxy?
Thursday, January 31, 2013 Silver has become a cheap Gold proxy for some investors in recent weeks, as prices have lagged behind the yellow metal. The weaker GDP data could hurt Silver prices. However, weaker industrial demand for the metal could be offset by investment demand. It is troubling that the economy has not been [...]
Thursday, January 31, 2013
Silver has become a cheap Gold proxy for some investors in recent weeks, as prices have lagged behind the yellow metal. The weaker GDP data could hurt Silver prices. However, weaker industrial demand for the metal could be offset by investment demand. It is troubling that the economy has not been able to grow with quantitative easing in place, so the Fed may be pressured to be more aggressive in this regard. The FOMC statement may suggest that QE is here for the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards