Is Silver Positioning for Further Weakness?
Are there signals suggesting a continued weakness for silver?
Are there signals suggesting a continued weakness for silver?
A recent roundtable argues in favor of owning silver in its physical form.
Seeking Alpha reported on the long-term outlook for silver.
Most have chosen gold and U.S. Treasury Bills to fasten onto, but if the truth be known, silver prices have appreciated more in the past twelve months than those for gold, much to the chagrin of hucksters on the national airwaves.
While investment demand will continue to be a driving factor in a healthy silver market, increasing industrial demand is also playing a strong role, according to the Silver Institute’s World Silver Survey 2010, produced annually by research firm GFMS Ltd.
By Melissa Pistilli-Exclusive to Silver Investing News According to many precious metals analysts, including Gold and Silver Investments’ Mark O’Byrne, tightness in the physical silver market “appears to be deepening.” O’Byrne points to the recent 10 per cent drop in merely a few days in the COMEX Dealers Silver Inventory. If such drawdowns continue, it [...]
By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices are seemingly locked in a “risk aversion/appetite tug-of-war” as the market reacts to ups and downs in the financial outlook as well as profit taking, say analysts. Gold and silver prices suffered last week as optimism over the global economy rose following the G-20 Summit, [...]
By Melissa Pistilli-Exclusive to Silver Investing News The price of silver rallied in early morning trading Monday in reaction to dollar weakness and increased insecurity in the markets. After closing Friday at $9.64/oz in New York, silver reached as high as $10.60 this morning. Mark O’Byrne, Executive Director at Gold & Silver investments lists weakness [...]
By Melissa Pistilli-Exclusive to Silver Investing News Although October proved to be a brutal month for investors and the mining industry, there are promising indicators giving hope to some that the worst has passed for the precious metals sector and we may soon be on the road to recovery. The dollar highs oppressing precious metals prices [...]
By Melissa Pistilli-Exclusive to Silver Investing News In early trading, markets plunged worldwide on increasing fears that major recession is deepening around the globe. “Stock, commodity and many currency markets internationally are in meltdown on panic selling,” said Gold and Silver Investments’ Mark O’Byrne. Stock market losses across the board have forced investors to sell [...]
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