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Albert Sung is the author of the Katchum Macro-Economic Blog, monitoring breaking economic news from a day to day basis. He started investing in 2008 because of the economic crisis and holds a masters degree in chemical engineering. Previously, he worked several years as a process engineer at... More
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Katchum's Macro-economic blog
  • Shanghai Silver Premium Keeps Rising 0 comments
    Feb 18, 2013 11:52 AM | about stocks: SLV

    There is a lot of hope that Asia, when it opened this week after the lunar holiday, would normalize the precious metals market. And indeed, my chart tells me the demand is there.

    Premiums on silver between Shanghai and London keep rising (Chart 1).

    So, stay tuned for tomorrow!

    (click to enlarge)
    Chart 1: Silver Premium Shanghai / London

    Disclosure: I am long AGQ.

    Stocks: SLV
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