Banner Year for Silver
Source: Proactive Investors Australia, Anthony David (8/1/11)
"Silver prices are reflecting the reactions of investors who are concerned about U.S. and EU debt and QE3."
Proactive Investors Australia, Anthony David
After four days of an upward climb in mid-July when silver prices reached $40.55 per ounce, spot silver prices fell by $1.022 to reach $39.53 per ounce on July 19.
Analysts are of the opinion that silver prices are reflecting the reactions of investors who are concerned about the approaching August 2 deadline for the U.S. debt ceiling, the Eurozone debt and the U.S. Federal Reserve hinting at a third round of quantitative easing (QE3). . .View full article
After four days of an upward climb in mid-July when silver prices reached $40.55 per ounce, spot silver prices fell by $1.022 to reach $39.53 per ounce on July 19.
Analysts are of the opinion that silver prices are reflecting the reactions of investors who are concerned about the approaching August 2 deadline for the U.S. debt ceiling, the Eurozone debt and the U.S. Federal Reserve hinting at a third round of quantitative easing (QE3). . .View full article