best of season to all my BB friends and wishing positive events for 2013. And for those who still have interest in silver, Morgan Stanley comments:
Silver, along with gold, are among the top commodity picks for 2013 by Morgan Stanley. The firm described the metal as a “cheap proxy to gold” but said to expect relative outperformance. Morgan Stanley’s average 2013 forecast is $35 an ounce.
“Silver remains an attractively priced safe haven commodity relative to gold,” Morgan Stanley said. Silver’s volatility, vulnerability to cyclical weakness in industrial demand and supplies can at times leave it “less fundamentally supported” than gold, the firm said. Nevertheless, with potential for technical and momentum for trend-following investors, and signs of improvement in electronic demand, “we expect silver to outperform gold again in 2013,” Morgan Stanley said.
Ho Ho Ho.....