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    Solar Energy Demand Sets Price Floor for Silver at $35

    Investing News Network
    Jun. 30, 2011 10:21PM PST
    Silver Investing

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

    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, theĀ 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.

    To read the full market news, click here.

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