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Commodities Briefing - Categorized | Bullion/Gold, ETFs / ETCs more

What’s behind the meteoric rise in silver ETFs?

Posted on 06 October 2010

From Seekingalpha.com: Exchange traded funds that deal in “poor man’s gold” have embarked on a seemingly unstoppable climb amid rising gold prices and quantitative easing in overseas economies.
The Bank of Japan’s moves early today were the most recent impetus driving silver prices higher, after the country’s central bank snapped up both gold and silver to cover bearish positions……………………………………….Full Article: Source

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This post was written by:

VRS - who has written 37739 posts on Opalesque Commodities Briefing.


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