Silver is the most historically volatile metal it has been benefiting from the surge in industrial demand due to the small recovery in the economy , but also as a precious metal it has been benefiting from the weakness of the dollar and the fear of inflation amongst investors and the lack of confidence in Fiat currencies , "The precious metals have been benefiting greatly from the weakness of the dollar and the whole diversification away from currencies," says Stewart Richardson, CIO at RMG Wealth Management However, he believes that silver is overvalued relative to gold.
Monday, April 11, 2011
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