by Ian Williams on Dec 29, 2010 at 07:00
In less than four months silver has risen from $18 per ounce to $30, representing a rise of almost 70%.
This ferocious move has meant that silver has dramatically outperformed its more revered neighbour gold during the same time period by nearly 50%.
There are conflicting arguments as to why this substantial move has happened. Rumours abound that a major US investment bank has a huge high-risk short position in physical silver and cannot deliver enough physical silver to meet its obligations.