Showing posts with label Adam Hamilton. Show all posts
Showing posts with label Adam Hamilton. Show all posts

Friday, November 21, 2008

Why Silver is Experiencing Such a Crisis

Adam Hamilton talks on why silver is in crisis:

Silver, an asset which many investors thought would thrive during a financial-market panic, has been scourged mercilessly. After briefly surging above $20 in March, it nonchalantly traded between $16 and $19 or so for the next 5 months. Silver was on top of the world, consolidating high, and all looked well.

Rest of story...

Silver futures for December delivery today dropped to 16 cents, or 1.7 percent, to $9.33 an ounce.