"Silver will outperform gold as a hedge against inflation," investor Jim Rogers said this week.
Before today, silver was down 33 percent this year, compared with a 13 percent drop for gold.
``It's been beaten down horribly,'' Rogers, chairman of Singapore-based Rogers Holdings, said on Nov. 3. ``If you put a gun to my head and said you have to buy one, I would buy silver rather than gold.''
Silver futures may ``spike higher'' to $22 an ounce in the next six months, Carlos Sanchez, associate director of research at CPM Group, said in an interview in China's southern Haikou city.
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Tracy Austin
www.Webinfusion.com
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1 comment:
i agree with you ..
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