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Commodities Briefing - Categorized | Bullion/Gold, Trends more

Four myths that silver bulls keep telling themselves

Posted on 03 April 2013

Silver futures are down -2.3 percent today, and look poised to settle at 9 month lows of around $27 an ounce. Just two years ago, prices were trading in the high $40s. What happened?
StockTwit’s Peter Brandt recently posted a note from research outfit Factor that offers a good explanation. Factor highlights four myths Silver bulls keep telling themselves: 1. Silver is just like gold in its inherent, store value. 2.There is an exact relationship between the price of gold and the price of silver. 3. Paper silver contracts don’t represent the REAL silver.4.There is an imminent silver shortage………………………………………..Full Article: Source


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VRS - who has written 36109 posts on Opalesque Commodities Briefing.


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