Momentum to Propel Silver
Source: Mineweb, David Levenstein (10/14/10)
"Silver benefits from general optimism, interest in safe-haven assets."
Unlike gold, platinum and palladium, silver still remains well below its all-time high in spite of a developing shortage of supply. One of the reasons for this is been the alleged price manipulation by large traders such as the bullion banks that have sold massive amounts of silver on the futures markets to keep prices down. Currently, the open short position held by these banks is equivalent to approximately the annual global mining supply of silver.
Now U.S. regulators have been urged to reveal the results of a two-year-long investigation into silver and gold price manipulation allegations. No matter the results of the investigation, the prices of silver still remain much undervalued and should be added to one's investment portfolio, especially as this time around there are many instruments available to investors unlike 1980. But I would recommend that investors accumulate the physical metal in the form of silver bullion before investing in the other silver or silver related investment instruments.