Banner Year for Silver

Source:

"Silver prices are reflecting the reactions of investors who are concerned about U.S. and EU debt and QE3."

Proactive Investors Australia, Anthony David

After four days of an upward climb in mid-July when silver prices reached $40.55 per ounce, spot silver prices fell by $1.022 to reach $39.53 per ounce on July 19.

Analysts are of the opinion that silver prices are reflecting the reactions of investors who are concerned about the approaching August 2 deadline for the U.S. debt ceiling, the Eurozone debt and the U.S. Federal Reserve hinting at a third round of quantitative easing (QE3). . .View full article

Get Our Streetwise Reports Newsletter Free

A valid email address is required to subscribe