Long Tail

CommodityOnline reported that $50 could soon be a low price for silver.

CommodityOnline reported that $50 could soon be a low price for silver.

As quoted in the market news:

At some point, enough of the world’s industrial silver users will panic as prices climb and attempt to build physical silver inventories. This user buying, something that never kicked in during the run to$50 will create a silver shortage, the likes of which never witnessed before.

Click here to read the full CommodityOnline report.

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Commodities
Gold1762.52-2.37
Silver19.65-0.16
Copper3.57-0.02
Palladium2137.50+9.50
Platinum921.50-4.50
Oil88.15+0.04
Heating Oil3.570.00
Natural Gas9.22-0.02

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