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Silverseek.com reports that veteran stock broker Rick Rule came out strongly in defense of silver as a top pick for 2011.
Silverseek.com reports that veteran stock broker Rick Rule came out strongly in defense of silver as a top pick for 2011.
The editorial is quoted as saying:
Specifically the amounts of silver that have been bought by the ETF’s and by Sprott Physical Silver, have driven up prices. But the silver they have taken off of the market has not been as easily available to mints that have themselves faced increased demand from retail coin buyers. It’s been very aggressive buying demand that’s really changed the price of silver.’
