Silver is ready to finish a dramatic year near the level it started, and some analysts predict big gains, and heavy volatility, for the white metal in 2012.
"The white metal hasn’t held up as well as gold because silver’s dual nature kicks in, he said. “Since silver is also an industrial metal and silver is a smaller market, panic selling has a more pronounced effect and the moves are more violent.”
“When people need money to cover margin increases, debt or other liability, they will sell and silver was part of this dynamic,” said Mladjenovic. But “nothing changed in the fundamentals for silver — they, in fact, keep getting better.”"