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Silver slammed again

Melissa Pistilli
Sep. 16, 2008 08:59AM PST
Market News

Silver Investing News reports silver prices fell as low as US$10.21 while the dollar climbed at its highest this year. Silver was not the only casualty of the dollar’s comeback; the Reuters/Jefferies CRB Index of 19 raw materials plunged to the lowest level since January 24. “This is indiscriminate slaughter across all commodities,” said Heritage …

Silver Investing News reports silver prices fell as low as US$10.21 while the dollar climbed at its highest this year.

Silver was not the only casualty of the dollar’s comeback; the Reuters/Jefferies CRB Index of 19 raw materials plunged to the lowest level since January 24. “This is indiscriminate slaughter across all commodities,” said Heritage West Futures analyst Ralph Preston.

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