The silver lining to the gold story

SILVER

Silver has historically been regarded as a super-beta play on gold, in that it tends to rise higher than gold in rallies and fall further in downturns. But not this time, writes Moonraker's Jeremy Charlesworth

In a stark warning ahead of the emergency budget, David Cameron warned the UK needs to act quickly to stop the national debt doubling to £1.4trn in five years’ time. Meanwhile, Europe has decided the best way to tackle the debt strangling the euro project is to take on more debt, and the US has colossal debts of its own. Given all this, it is not unfair to point out the Western world is drowning in debt. Thanks to extravagant public borrowing, several governments are seeing their finances approach breaking point. These debts are so high and climbing that it is also fair to ask whether th...