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Message: silver to play catch up

silver to play catch up

posted on Apr 13, 2009 08:33AM

this article is by jared irish:



Another major event that could cause an explosion in silver is the possibility of short covering. Several major financial institutions are believed to have short positions that make up a large percentage of the world’s silver market. If these banks are ever forced into a situation where they are required to cover their positions, we could see silver rise sharply.

INVESTMENT DEMAND:

Investment demand for silver is surging. With more collapsing banks and bailouts, a greater percentage of the public is realizing that their currency may soon be worth less. Many small investors cannot afford gold and may buy silver instead. CPM group, a research firm expects silver bullion demand to set a new record in 2009.

http://www.insidefutures.com/article...

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