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Gold is to hold and silver is to trade
Gold is the commodity to own as a hedge against the massive amounts of stimulus central banks and governments have flooded financial markets with, but silver is the metal to trade as it looks like momentum is returning. The move actually started last week as the precious metal rallied more than 5% on Friday. Since then prices have continued to rally covering all their gains from the March selloff and hitting a three-month high above $18 an ounce. At the start of the week, TD Securities said that they expect to see an “explosive” move in silver. Many analysts have been waiting for this move as the gold-silver ... (full story)