Why Governments Will Buy Silver

The Prudent Investor reports that over the last several months we have been pondering if governments will come into the silver market.

The editorial is quoted as saying:

If you are interested in silver at all, you probably know that silver is faulted for being an industrial metal, a “mere” commodity, like…, you guessed it, pork bellies! Others, more generous in their assessment, will tell you that it’s both: industrial AND monetary metal. Usually, in that order. We touched on silver’s monetary role.

Click here to access the entire editorial.