21.02.2014 - Silver price rally will be short-lived - Natixis
Silver prices have rallied 12% in February but, according to French bank, Natixis, the rally is likely to be short-lived. It explains that, over the past year, much of the focus within financial markets has been on the Federal Reserve's tapering plans, with interested parties worrying that "that a lack of liquidity would squeeze more precarious borrowers, in particular developing countries" But, while tapering has begun, monetary conditions remain extremely lax. And, it points out, US bond yields have fallen since the beginning of the year, while the dollar has been weakening since the beginning the month...............................................Full Article: Source
Print