5
April
Gold, Silver Rise as Inflation Protection (GC in The Street)
5 April 2011 The Street
Gold prices reached for record highs Monday and silver hit a 30-year peak as investors piled into the metals as protection against inflation.
...
"While silver is overbought in the very short term, silver's outlook remains bullish," says Mark O'Byrne of Goldcore, a bullion dealer. "Silver remains the preserve of a handful of contrarian and hard money advocates and is only beginning to enter the consciousness of the mainstream." As silver becomes more "trendy" then the market could see more physical shortages.
http://www.thestreet.com/story/11070759/1/gold-silver-rise-as-inflation-protection.html
