Silver Plays the Dollar

- August 6th, 2009

Silver Investing News reports silver prices were high in the last few weeks with the weak US dollar. Growing sentiment of economic recovery in the markets was boosted by promising global manufacturing reports, specifically out of China, the U.K., the U.S. and Europe, that show demand for commodities like raw materials is on the rise. … Continued

Silver Investing News reports silver prices were high in the last few weeks with the weak US dollar.

Growing sentiment of economic recovery in the markets was boosted by promising global manufacturing reports, specifically out of China, the U.K., the U.S. and Europe, that show demand for commodities like raw materials is on the rise. The recent reports spurned a rise in commodities prices to their highest level for the year.

The recent optimism flooding into the market is a boon for commodities and a blow to the dollar.

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