The absence of China last week due to the Lunar New Year celebrations “set the ball rolling and...

|By:, SA News Editor

The absence of China last week due to the Lunar New Year celebrations “set the ball rolling and left the silver price at the mercy of the technical picture,” Julian Phillips says, expecting a "snapback just as surprising as the fall" - which has been steep, as silver has shed ~9% this month. Global Hunter's Jeff Wright likes silver more than gold now because of silver’s “industrial utility” and "true expansion” in industrial uses.