Silver: Extreme Bright Spot

Silver Investing News report silver price fell since Tuesday though holding at $12.45/oz.

Despite silver’s price drop over the last few days, bullish sentiment still remains as the financial crisis continues. This latest rally in the equities markets “was overdue” but its sustainability “is doubtful . . . The financial and economic fundamentals remain very poor and deteriorating and unfortunately this is likely yet another dead cat bounce in equity markets,” said Gold and Silver Investment’s Mark O’Byrne.

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