16
December
Stage Is Set for Stellar Silver Performance
16 December 2009 International Business Times
Gold's recorded a powerful upward sprint this year. The first quarter-historically a tough period for gold-is around the corner. Research Capital's equity team lead and senior mining analyst Barry Allan remains absolutely optimistic about the king of metals' long-term outlook for a variety of reasons, and in this exclusive Gold Report interview talks about some of the emerging companies whose deposits portend the next generation of gold mines. But in the meantime, he says silver will slip into the limelight for what's likely to prove a stellar performance. In a rising gold price environment, Barry tells us, the second-string metal's price lags gold. Then, when it gains momentum in the drive to come more into line with the historical gold-silver ratio, silver tends to overshoot. He foresees a short-term breather for gold and a strong surge by silver-meaning that we're approaching silver's season to sparkle.
