by Roland Watson
Since silver hit a low of $13.63 on the 14th December last year, it has been generally up for silver with some predictably wild turns on the way. As of today, silver has risen as high as 25% while its big brother, gold, has seen a parallel rise of 23% to its recent high on March 11th. Since then, silver has been making up lost ground on gold to now slightly outperform gold.
But that is why investors buy silver, is it not? It is a leveraged play on gold without some of the risks of holding indirect instruments such as derivatives or mining companies. When this nascent bull market finally ends years from now, expect silver to return double the performance of gold.