August 19th, 2011

Silver isn’t gold, but it’s the next best thing, even if it is more volatile, metal watchers say.

And being No. 2 isn’t so bad when investors are rushing to safe-haven precious metals to preserve their capital in a shaky global economic and currency climate.

“Silver has attached itself to gold and both are becoming kind of alternate world currencies,” said Tony Ebersole, spokesman for Idaho-based silver miner Coeur D’Alene (CDE) .

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