Gold got all the attention, but silver stole the show in 2010

December 13, 2010

Monday, Decemeber 13, 2010   CTV NEWS-  By:David Milstead    

Silver and gold, silver and gold … Burl Ives had it in the right order when he sang the tune in Rudolph the Red-nosed Reindeer.

Indeed, while gold has been Topic A among commodity investors this year, “it was silver that really stole the show in 2010,” notes Douglas Porter of BMO Nesbitt Burns, as the metal soared more than 70 per cent. (Gold, by contrast, has gained less than 30 per cent so far this year.)

In fact, if you want to see some dramatic price comparisons the tune is not “silver and gold,” but “silver and gas.” Unfortunately for Canada, Mr. Porter notes, natural gas was at the back of the pack of commodities, falling more than 20 per cent.

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