Solar Energy Demand Sets Price Floor for Silver at $35

CommodityOnline reported that demand for alternative energy will set a $35 floor for the price of silver.

The market news is quoted as saying:

Through 2015, the Silver industry now has a very artificial, but beneficial, price floor at the current price of $35 per ounce. The tax credits for solar expire on December 31, 2015, though there is little resistance to continuing the program under the guise of energy independence.

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