08.09.2014 - Will Silver Bounce Back?
The silver market cooled down mainly at the beginning of last week. The recent disappointing non-farm payroll report didn't pull back up (by much) the price of silver. Moreover, even the latest surprise from the ECB to slash its rate didn't seem to have much of an impact on the silver market. Looking forward, will this week's job openings and labor turnover survey (JOLTS) report pull up silver? During the previous week, the price of silver fell by 1.7% to reach $19.1. The silver ETF iShares Silver Trust also declined by 1.5%. Silver related companies such as Silver Wheaton also fell by 3.5%...............................................Full Article: Source
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