Why silver could outshine gold

By Stan Luxenberg
The Street

Silver bulls owe a debt to Russian President Vladimir Putin.

With markets unsettled by the Russian move into Crimea, precious metals have climbed.

This year, iShares Silver SLV (ETF) (SLV) has gained 7%, and PureFunds ISE Junior Silver (SILJ) has ranked as one of the top-performing returning exchange-traded funds, returning 36.7%.

“People are looking for safe havens, and that has helped silver prices in the last few months,” says Jay Jacobs, a research analyst for Global X Funds, which operates ETFs.

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