07.02.2014 - Silver prices poised to extend rally
Silver prices, which jumped the most in more than four months yesterday, may extend a rally today as signs that the U.S. economy is slowing boosted the appeal of haven assets. U.S. companies boosted payrolls by 175,000 last month, trailing the 185,000 projection in a Bloomberg survey, ADP Research Institute said. The data added to economic concerns after a private report this week showed factories expanded in January at the weakest pace in eight months. Silver and gold are rebounding after declines last year that were the biggest since 1981. A brightening growth outlook prompted the Federal Reserve to start cutting stimulus in December...............................................Full Article: Source
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