Swiss Economicblogs.org
Macroview Silver is usually referred in financial markets as ‘high-beta gold’ or the ‘poor man’s gold’. As such, the recent appreciation in silver prices is not surprising given the robust performance of gold. April 2016 was a good month for gold, with prices rising by +4.9% per ounce in US dollar terms. But it was a stellar month for silver, which rose by about 15.6%. Silver tends to be highly correlated to gold (the average 12-month rolling correlation since 1980 stands at 0.70), so...
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