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Thursday, Apr 5
2012, 10:48 AM
Mitsui Precious Metals strategist David Jollie says the high margins on Comex and the low...
Mitsui Precious Metals strategist David Jollie says the high margins on Comex and the low turnover on the Shanghai exchange are two factors that will keep silver prices from falling short of the $50 mark. It's a take that falls in line with the view of Sector Investment Managers' Angelos Damaskos, who sees the market back in "normal situation," where silver behaves much more like an industrial metal than a safe-haven asset. Silver +1.7% to $31.60.