Friday, April 22, 2011

Silver price rising three-times as fast as gold [By: Peter Cooper]

-- Posted 21 April, 2011



Over the past three days the price of silver has jumped from $42 to $46 an ounce, while gold has moved up from $1,480 to $1,507 at the time of writing. That is approximately a six per cent gain for silver and two per cent for gold.
The silver price is therefore rising at three times the speed of the gold price. Gold and silver bugs know this relationship well.


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