Rising Equities Depresses Silver Price

Silver Investing News reports silver and gold prices have been hurting with the banks stablizing with the markets.

“There’s so many cross currents out there. People are still very frustrated and can’t figure out what’s happening,” said Sal Masionis, a stockbroker at Brant Securities. “We still don’t know where this whole thing is going to end or where the bottom is. We had a nice trading rally. How long will it go? Who knows,” added Masionis. “We want to see some actual, physical signs of recovery in the economy.”

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