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Silver Investing News reports silver futures reflecting the financial markets top players, Lehman Brothers and Merrill Lynch filing for bankruptcy protection. The commodity sector took a hard hit from Lehman’s departure. “Lehman is an important counterparty in the commodity markets,” said Caylon metals strategist Robin Bhar. The majority of commodities on the London and New York …
Silver Investing News reports silver futures reflecting the financial markets top players, Lehman Brothers and Merrill Lynch filing for bankruptcy protection.
The commodity sector took a hard hit from Lehman’s departure. “Lehman is an important counterparty in the commodity markets,” said Caylon metals strategist Robin Bhar. The majority of commodities on the London and New York exchanges fell causing as much as a 5 per cent drop in the GSCI Index of 24 commodities. The exceptions were gold and silver.
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