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TheStreet.com: Silver Popularity Spreading

LONDON, 11 October 2010 ? World-leading gold trading and ownership service BullionVault today features in the latest precious-metals update from world-leading personal investment site, TheStreet.com

One of the world's top 15 investing websites, and launched in 1996,

"Silver's popularity is clearly spreading," TheStreet today quotes Adrian Ash, head of research at BullionVault.

"I believe that's due both to the headline-making run in gold bullion prices and to silver's own peculiarities as an investment asset," he says. "Like gold, silver has a long history as a monetary asset. Plus, it has strong industrial uses, make it an appealing inflation hedge."

Pointing to the ongoing decade-long run higher in gold and silver prices, "Call it a speculative mania if you must," TheStreet quotes Adrian, "but zero interest rates are forcing otherwise cautious cash savers the world over to seek out hard-asset protection for their wealth."

You can read the full story at TheStreet.com here...


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Source: 
TheStreet.com