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Silver may be the ‘poor man’s gold,’ but its 74% surge this year looks far from over
Silver may represent one of the few cases where cheaper is better — not just when it comes to cost, but in terms of quality for investors. The asset known as “poor man’s gold” is the top performer in the precious-metals space so far this year, and it may have plenty of room to run even higher. “As the cheaper, ‘poor man’s gold,’ silver has always been the monetary option of the masses, and in fact has historically circulated more as money, while gold has functioned more as a store of value,” said Brien Lundin, editor of Gold Newsletter. Silver has always been cheaper than gold, yet still highly ... (full story)