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  • iShares Silver Trust: Inventory Climbs as Metal Price Plunges [View article]
    Let's wait for the SLV physical silver liquidation,bfore that silver will go way down,as sharks know that the holders of SLV are individual investors who bought when Silver was 14-18$ and will sell at a loss as always.
    At the moment mining companies that can not get bank lending because the credit crunch affects mid cap companies the most,so miners will sell available silver on futures markets at any price to stay away from bankruptcy and it will be enough to satisfy demand this and next year.After,when economy will enter real recession as now it's a joke,the same punters that bought Silver even for 20$ will have to sell even at 5$ as they will lose everywhere else.
    Then I will buy.
    Sep 10 08:05 am |Rating: 0 0 |Link to Comment
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