Silver Heads for Bear Market Amid Reports of Waning Demand
Apr. 01, 2013 06:28PM PST
Silver InvestingBloomberg reported that concerns of a slowdown in Chinese demand have forced silver down, prompting concern that demand is dwindling.
Bloomberg reported that concerns of a slowdown in Chinese demand have forced silver down, prompting concern that demand is dwindling.
As quoted in the market report:
Silver has taken it on the chin,” Frank McGhee, the head dealer at Integrated Brokerage Services LLC in Chicago, said in a telephone interview. “China slowdown worries and fear of stimulus measures ending in the U.S. have worked against silver