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REUTERS/ Frank Tang/Silver is up nearly 80 percent this year versus gold's 30 percent gain yet it almost seems to have been ignored by the media.
At over $30 an ounce, silver is at its highest level since 1980 when a squeeze briefly sent it above $50 an ounce when the Hunt Brothers tried to corner the market.
Why the big increase?
"You've got dwindling above-ground stocks, you've got tremendous interest in the market, you've got the Fed now talking about QE3 ... all of that has silver still attempting to get back to the equivalent level as it should have been with gold at $1,400 an ounce," said Chicago metals trader Frank McGhee.
