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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

2013′s silver lining

Posted on 08 January 2013

While silver’s drop last month might be the overlying memory for those looking back at silver in 2012, we mustn’t forget its stellar performance since June lows of $26.13 rising to above $33 in early December. According to a survey carried out by Bloomberg, analysts, traders and investors see the silver price rising around 29% in 2013.
Back in November we outlined how we expected Barack Obama’s re-election to impact the gold price. While we didn’t look at silver as well, we fully expect this political event to have exactly the same impact, silver was after all one of the best performing financial assets in Obama’s first term……………………………………….Full Article: Source


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VRS - who has written 38982 posts on Opalesque Commodities Briefing.


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