When can silver take off? This needs to happen first

Silver has been lagging gold, but if gold can hold current price levels, then the white metal can start to outperform, this according to Jon Lamb, portfolio manager of Orion Resource Partners.

“I think silver takes off if gold continues to stabilize at these levels, I think you’ll see more interest in silver. Gold miners are making a very good margin at $1,500, silver miners at $17.50,” Lamb told Kitco News on the sidelines of the 121 Mining Conference in New York.

Subscribe to the RSD email list and get the latest resource stock activity directly to your inbox, for free.

Part of the Stock Digest family of websites

Small Cap Stock Digest



Name Last Change
DOW 27868.70 0.23%
S&P 500 3116.12 0.13%
NASDAQ 8558.61 0.14%
TSX 16979.64 0.19%
TSX-V 523.21 0.00%

Resource Commodities

Name Last Change
Gold 1470.53 0.30%
Silver 17.09 0.41%
Copper 2.65 2.654
Platinum 901.00 0.67%
Oil 55.21 3.33%
Natural Gas 2.51 2.23%
Uranium 25.88 1.17%