In the Press
Media coverage of BullionVault

TheStreet.com: 5 Reasons Why Silver Prices Move

LONDON, 8 April 2011 - Comments from low-cost, secure gold & silver store BullionVault feature today in a report on the surge in physical silver prices worldwide.

Quoted alongside leading market commentators including Chuck Butler of private bank Everbank, Philip Klapwijk of the GFMS precious metals consultancy, and CEO of miner US Gold, Rob McEwen, BullionVault's head of research Adrian Ash tells TheStreet that "while many investors talk about silver's inverse relationship to the US Dollar, [it's better] to categorize it more broadly as 'anti-currency'."

"[Gold and silver] are stateless," says Adrian, "they don't have the burdens of debt which any multinational currency has. They are a long-term story."

Unfazed by rate hikes, according to TheStreet, Adrian goes on to argue that central banks would have "to raise interest rates by a long way before it really makes a difference for cash savers."

You can read this detailed, 7-page story at TheStreet...


Gold bullion - Buy online at live gold prices.

Source: 
TheStreet.com