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    market news

    ETF gains positive for silver

    Melissa Pistilli
    Aug. 27, 2008 06:45PM PST
    Market News

    Silver Investing News reports price of silver has dropped over 40% and there is buying pressure of silver ETFs. That silver ETF has consistently seen more buying than selling pressure  throughout August, the silver swoon is proof, according to Gene Arensberg of Resource Investor, that the silver bull run was far from over. If the recent hefty sell down of …

    Silver Investing News reports price of silver has dropped over 40% and there is buying pressure of silver ETFs.

    That silver ETF has consistently seen more buying than selling pressure  throughout August, the silver swoon is proof, according to Gene Arensberg of Resource Investor, that the silver bull run was far from over.

    If the recent hefty sell down of silver was “systemic” or a threat to the silver bull market, then why haven’t we seen the “smart money” move to dump “their holding in both physical silver and in the silver exchange traded fund?” wondered Arensberg.

    For complete story, click this link. Follow developments in resource mining and exploration for free. Sign on to the Resource Investing Newsletter.

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