Gold just hit a fresh record high — but some say silver is set to outperform gold

  • 📰 CNBC
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Silver is set to outperform gold. Here's why

Michael Hsueh, a commodities and foreign exchange strategist at Deutsche Bank, told CNBC he expects silver to outperform gold.

Analysts at Citi also said in a note last month that the rebound in manufacturing activity is pushing silver prices higher compared to gold.Analysts at the bank said markets are pricing in the potential for more demand for silver, if Joe Biden wins the U.S. presidential elections and delivers his green infrastructure plan., commuter trains, buses and passenger vehicles will run on electricity or clean fuel, and clean light rail and bus systems will be developed.

He pointed to the use of silver in an increasing number of medical applications, as well as in electronic components for 5G telecommunications networks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

After this big run in silver NOW CNBC starts to turn bullish. Sounds about right lol.

Well assuming the Olympics ever happen again this could make things a bit weird lol jk

Because its cheaper. How INSANE...

when silver and gold flip you know you better dip

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Miner Sells Super Rare Tanzanite Gemstone for $2 MillionHoward Ratners of the world, take note: A Tanzanian miner has sold an ultra-rara gem called Tanzanite for $2 million.\n A 14 lb gem for $2million He was ripped off.
Source: Jezebel - 🏆 153. / 63 Read more »

U.S. Will Borrow Estimated $2 Trillion in Second Half of 2020, Treasury SaysThe U.S. expects to borrow an additional $2 trillion in the second half of the year as federal spending ramps up to combat the coronavirus pandemic, the Treasury Department said Try atleast $4 trillion. But the little guy needs to wait for the debate on stimulus and unemployment It's ok. They are borrowing from the Fed
Source: WSJ - 🏆 98. / 63 Read more »

Disney's Theme Park and Cruise Line Division Lost Almost $2 Billion Last QuarterDisney's theme park and cruise line division lost almost $2 billion last quarter, with revenue falling 85% year-over-year. Could not care less. There is no violin small enough for Disney.
Source: PasteMagazine - 🏆 392. / 55 Read more »

Gold in secret vault is traced to Hugo Chávez's former nurseAlleged purchase of gold bars with stolen funds by Venezuela's former treasurer is at the center of a criminal investigation into a network of shell companies and dodgy Swiss bankers that have helped turn the country into one of the world's most corrupt. sounds like this could be a movie gianfiorella
Source: AP - 🏆 728. / 51 Read more »

Gold Makeup Tutorial with Blue Under-Eye LinerGold makeup is definitely one of the most versatile, classic and luxurious makeup looks, and when it's updated with a erectile specialist https://canadaerectiledysfunctionpills.com/ erectile booster method reviews z pack dosage for uti https://zithromaxes.com/ zithromax indications what is vardenafil used for https://vegavardenafil.com/ vardenafil- vardenafil tablet, film coated
Source: Fashionisers - 🏆 399. / 53 Read more »

Gold in secret vault is traced to Hugo Chávez's former nurseMIAMI (AP) — It was 2014 and Venezuela's former treasurer Claudia Díaz was looking for a safe haven to store the unexplained wealth she had accumulated over the years. Then-president Hugo Chávez,... Venezuela’s former treasurer, Claudia Díaz, allegedly used looted funds and a shell company to buy gold bars not Alt Coins. $btc Communist Party of the USA endorsed Joe Biden today. Where ya't AP? Wow 😳 . . almost as corrupt as what’s happening in the current US administration but on a much smaller scale !! ForgivableLoans CampaignContributionsForPersonalUse
Source: AP - 🏆 728. / 51 Read more »