While prices for silver traded fairly flat today the big news came from statements made by Fed Chair Ben Bernanke at the Federal Open Market Committee. The Fed lowered prospects for US economic growth and hinted that another round of stimulus measures is not off the table. Prospects of QE3 have stoked the flames of silver bulls.
Continue reading "Silver Price Boosted on Federal Reserve Statement"
Tuesday, January 26, 2010
By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices have taken a hit the past few market sessions as risk-averse sentiments overshadow any recent speculative fervor in commodities. On Thursday, President Barack Obama announced a set of new proposals to restrict banks or other financial institutions from dealing with hedge funds or private equity [...]
Continue reading "Silver Reacts to Global Market Pressures"
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Thursday, November 3, 2011