By Melissa Pistilli-Exclusive to Silver Investing News Most analysts have attributed the latest rally in precious metals prices to rising inflation concerns brought on by a weakening dollar. What’s supporting these inflationary fears? At first the amount of paper money being pumped into the financial system by governments trying to prop up their flailing economies [...]
By Melissa Pistilli-Exclusive to Silver Investing News For silver, 2008 was a record year as the precious metal hit $21.34/oz in March and managed to maintain a healthy level until the current global economic crisis sent investors pouring from the market in the fourth quarter. Since September, I have heard some of the most respected [...]
By Melissa Pistilli-Exclusive to Silver Investing News Did you see silver drop as low as $9.35/oz today? And the Dow briefly fall below 8,000? Some of you may be wondering, “As the markets plunge at a devastating pace, why is the price of a safe haven commodity like silver not soaring through the roof?” I [...]
By Melissa Pistilli-Exclusive to Silver Investing News The price of silver gained 84 cents on the NYME yesterday in reaction to the Treasury’s US$700 billion bailout of the financial sector. As more and more retail, mortgage and investment banks fail, are taken over or nationalized, investors are becoming increasingly leery of paper [...]
Monday, September 14, 2009