Silver Prices to Rise More Dramatically than Gold in Short Term-Hecla CEO Baker
Aug. 10, 2011 06:27PM PST
Precious MetalsMineweb reported that the CEO of Hecla Mining (NYSE:HL) sees silver prices rising as small investors look for an investment.
Mineweb reported that the CEO of Hecla Mining (NYSE:HL) sees silver prices rising as small investors look for an investment.
The market news is quoted as saying:
“Basically gold is a wholesale institutional and central bank sort of investment, silver is a retail investment, [CEO Baker] suggested. “So, if you’re convinced that gold will continue to have strength, then we believe silver will follow.”
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