Monday, 18 April 2011

'We view silver as gold on steroids' - Telegraph

Silver is a better bet than gold in the current precious metals bull run and has been described as "gold on steroids" by one asset manager.

Brian Ostroff, the managing director of Windermere Capital, a Canadian investment firm, said he was bullish about the prospects for all precious metals because the world's central banks were printing money. But he was particularly upbeat about silver.

"We love silver. It has definitely come into the forefront. The physical market characteristics are very positive," he told the Gold Report. "Ultimately, we view silver as gold on steroids. When you're in these uptrends and everyone's looking at precious metals, silver tends to perform much better [than gold].

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'We view silver as gold on steroids' - Telegraph

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