Banner Year for Silver
Source: Proactive Investors Australia, Anthony David (8/1/11)
"Silver prices are reflecting the reactions of investors who are concerned about U.S. and EU debt and QE3."
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