Silver Rallies On: Three Things To Consider

Precious Metals

Cnbc.com reports that Silver has been rallying off the charts.

Cnbc.com reports that Silver has been rallying off the charts.

The editorial is quoted as saying:

With the price of silver at over $27 per ounce — the highest in 3 decades — I expect silver miners would be thinking about nothing but ramping up production.

Click here to access the entire Editorial

The Conversation (2)
Michael Hullevad
Michael Hullevad
11 Nov, 2010
I fully agree that it is impossible to ramp up production more than 10-20%! Whith the (futile?) naked shorts covering by the banksters there is a mayor shortage of silverbullion, this will drive the price up for the forseeable future. This short squeze will be very costly for JPM&HSBC!
Michael Hullevad
Michael Hullevad
11 Nov, 2010
I fully agree that it is impossible to ramp up production more than 10-20%! Whith the (futile?) naked shorts covering by the banksters there is a mayor shortage of silverbullion, this will drive the price up for the forseeable future. This short squeze will be very costly for JPM&HSBC!
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