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 Silver is Catching Up with Gold as a Safe Haven as Gold Prices Rise Higher says Pan American Metals of Miami- Silver is Catching Up with Gold as a Safe Haven as Gold Prices Rise Higher says Pan American Metals of Miami
- August 18, 2011
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As gold becomes more expensive, silver becomes more attractive as a safe haven.
MIAMI, FL - As gold inches towards $1800 an ounce, silver is beginning to play 'catch-up', trading just above $40. Silver benefits from its association as 'poor man's gold' so is a likely alternative as a safe haven if or when gold prices soar out of reach of the smaller investor. Since silver also sees over half of its demand coming from industry, it has lacked some of gold's attraction as a safe haven; if the economy slows down then it is anticipated that industrial demand for silver would slo...
- View more at: http://www.1888pressrelease.com/silver-is-catching-up-with-gold-as-a-safe-haven-as-gold-pric-pr-327656.html
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