I have always been nervous of silver as an investment for reasons I cannot really explain. But the ugly duckling has had its day in recent weeks so which is the better bet now, it or gold. I do not know and make no big call other than noting that my recklessly overweight position in precious metals is largely a gold one. James West of the Midas letter thinks that folks like me are right if you are a PM bull or a bear!. He writes today:
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