Inflation to set silver back on track

Silver Investing News reports silver prices is seen to return as a hedge against inflation.

At the third annual London Silver Investment Summit held yesterday, precious metals fund manager Ned Naylor-Leyland of Cheviot Asset Management gave an interesting presentation on the future of silver in the current global economic climate.

The idea of silver as money rather than solely a metals commodity may gain strength, according to Naylor-Leyland, as the “death of fiat money” becomes more likely. Although, he does admit, the idea of silver or gold backing world currencies will not garner serious support from the governments and central banks.

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