Silver is Emerging From Under Gold’s Shadow

Gold surged to an all-time record high of $1,298 an ounce yesterday (Wednesday) after a U.S. Federal Reserve plan to jump-start the American economy triggered a slump in the U.S. dollar. The yellow metal has now rallied for five straight trading sessions and is up about 18% for the year. Investors are waking up to the fact that the central bank's plan to use U.S. Treasury purchases as a means of injecting another $2.3 trillion into the U.S. economy is only going to further debase the greenback. There's no doubt that the ongoing slide in the dollar is going to be bullish for gold. But investors will do a lot better to focus on silver - the "other" precious metal. "People are finally starting to understand that quantitative easing will devalue the currency ," Gijsbert Groenewegen, a partner at Gold Arrow Capital Management in New York, told Bloomberg News . "That's why they're shifting into gold and silver." For six ways to profit from silver, please read on...
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