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Luster restored? Silver ETFs keep on shining

Posted on 16 August 2013

The iShares Silver Trust and the ETFS Physical Silver Shares have endured miserable performances this year as each is down 28.2%. That is a year-to-date statistic and that is important to note because silver bulls are finally getting some relief as the white metal has set a scorching pace since the start of the third quarter.
Since the start of July, SLV and SIVR have each surged 11.2%. In the past month, the returns for each are 9.2% as investor sentiment toward the white metal has improved. Physical demand for silver remains robust and that could serve as a catalyst for further upside for SLV and SIVR………………………………………..Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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