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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

When is the silver price going to get its mojo back?

Posted on 11 December 2012

Take look at the five-year chart for silver, then you can appreciate both why silver investors are so anxious and why they really have nothing to worry about. True if you bought silver 19 months ago when it hit $48.50 an ounce ready for an exponential take-off then you have reason to be annoyed.
However, silver did not break its $50 all-time high at that point and fell back into a trading range. Our old friend Gerry Schubert at Emirates NBD Bank still holds the record for having placed the highest priced order for silver ever back in 1980 as a young trader………………………………………..Full Article: Source


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VRS - who has written 36951 posts on Opalesque Commodities Briefing.


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