Intraday Market Thoughts

Silver is up 3 Times as Much as Gold

by Ashraf Laidi
Mar 2, 2012 16:55

Silver is up three times as much as gold so far this year; +26% YTD, versus +9% for gold. This is starting to look like 2010 when silver rose 80% vs. 28% for gold. The 2011 damage in silver was primarily caused by the near-quadrupling of margin requirements from the CME, causing a 10% decline in silver in contrast to a 10% rally for gold. See our ALTEST on GOLD & SILVER here: http://www.ashraflaidi.com/articles/gold-silver-face-the-fed.asp

 
 

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