Sunday, April 1, 2012

Silver outperforms the S&P 500 and gold in Q1

From ArabianMoney.net

Original source

US stocks enjoyed their biggest first quarter rise since 1998 with the S&P 500 up 12 per cent to above 1,400. But the price of silver was up 16 per cent in Q1. Gold trailed behind with a 6.3 per cent increase.

Silver is a standout winner, and was the ArabianMoney pick of the year (click here). Both precious metals benefited from a short-covering rally after a profit-taking sell-off at the end of last year. However, there is clearly more to this than technical short covering....read more

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