01.09.2015 - Another Dull View of Silver and Platinum ETFs
The iShares Silver Trust and the ETFS Physical Platinum Shares are among the precious metals exchange traded funds that have been drubbed this year and some analysts see even more downside ahead for platinum and silver prices. Of course, the strong dollar is a thorn in the side of commodities, which are dollar-denominated. Not to mention the other headwinds facing marquee commodities, such as gold and silver. Silver, like gold, is losing ground among investors seeking a hedge against market volatility or a store of value against inflationary pressures, reports Christian Berthelsen for the Wall Street Journal. Many market participants are anticipating the Federal Reserve to hike interest rates for the first time in almost a decade, which will diminish the attractiveness of holding assets with no yields...............................................Full Article: Source
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