Climate ripe for mergers

Silver Investing News reports silver prices seen as a positive upward trend by analysts.

The once grim outlook is growing increasingly darker, “triggering a rout in equity sentiment and renewed safe-haven demand into precious metals,” said James Moore at thebulliondesk.com. 

Jerome Bunde, a stockbroker with Pennaluna and Co, points to decreasing trust in the value of the US dollar as a driving force behind precious metals prices. “The good thing about it is the silver prices are on an upswing and it’s very likely it will move higher as long as the global financial crisis is not solved,” added Bunde.

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