Silver has surged 18% since the start of August, making it the most appealing precious metals asset to trade. The surge may not be over, either.
"Silver certainly gives you more alpha," Rick Rule, chairman of Sprott USA, said in an interview. "If you're buying silver... to preserve your purchasing power over time or maybe to get a little alpha over the gold trade -- the gold precious metals trade -- then by all means this is a fair time to be in the market."
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