ArabianMoney editor and publisher Peter Cooper visits the Old Gold Souk on the Deira side of the Dubai Creek to talk to a silver trader with Sandra Mergulhao from mydubaimycity.com.
The hottest rumor is that silver will double in price in the next six months. Certainly the interest in articles about silver on ArabianMoney suggests that investors are most curious about this asset class.
But watch out for the infamous volatility of silver and be prepared to be patient if a global stock market sell-off takes prices down before they go up. Still we have made silver our pick of the year for 2012 (click here).
Peter Cooper is a veteran financial journalist living in Dubai and was formerly a partner in the dot-com success story AME Info. He is now editor and publisher of the ArabianMoney investment newsletter and website and an investor in precious metals.
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Talk of Dubai Gold Souk: silver to double in six months
ArabianMoney editor and publisher Peter Cooper visits the Old Gold Souk on the Deira side of the Dubai Creek to talk to a silver trader with Sandra Mergulhao from mydubaimycity.com.
The hottest rumor is that silver will double in price in the next six months. Certainly the interest in articles about silver on ArabianMoney suggests that investors are most curious about this asset class.
But watch out for the infamous volatility of silver and be prepared to be patient if a global stock market sell-off takes prices down before they go up. Still we have made silver our pick of the year for 2012 (click here).
About Peter Cooper / Commentary Author