SILVER 0.30% $15.25 silver futures

gold / silver ratio drops due to silver demand

  1. 333 Posts.
    Well it looks like you cant loose with silver the world gets scarey people buy silver,China's exports jump they buy more silver its a win win situation.Also Wednesdays high of 17.65 was about an 8 week high.


    "Gold for immediate delivery has risen 25 percent in the past year, while silver jumped 38 percent. China�s exports rose for a third month, by 46 percent, in February, the customs bureau reported today. This was more than the 38.3 percent median estimate in a Bloomberg News survey of 28 economists."




    The link:10/3/10 on bloomburg

    http://www.bloomberg.com/apps/news?pid=20601012&sid=ajXqH3MmMVjg
 
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