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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

What’s in the cards for silver?

Posted on 27 August 2013

In January myself and other commentators felt confident enough about silver that we all wrote about how 2013 would be silver’s year. It was a hard sell even then, the price had climbed to $33 at the beginning of December 2012 to then just above $29. But that drop seems like nothing compared to the fall to $18.61/oz we saw at the end of June.
Why is it down by so much? At the beginning of the year top analysts were predicting the price to climb 29% in 2013. Their optimism was not surprising, and it is even less so today. Compared to gold the environment appears pretty welcoming to the precious metal………………………………………..Full Article: Source


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VRS - who has written 36199 posts on Opalesque Commodities Briefing.


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