Silver Market Recap Report

Fri 18 May 2012 14:27:01 CT
Related Keywords: Metals

Over the last two trading sessions the silver market took a lot of direction from the action in gold prices. Clearly silver was partially lifted by hopes of near term easing, but silver has seen some added volatility because of its industrial background and perhaps because exchange stocks of silver have reached the highest levels since August 6th of 2008. In other words, the focus of the silver trade is waffling between the prospect of coordinated easing and the near term fear of more near term economic turmoil.

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*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.

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