fmx | metals | connect - Silver fails to live up to high expectations, but outlook positive

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Silver fails to live up to high expectations, but outlook positive

October 14 2011, 09:16

FMX|Connect- WWW.FMXConnect.com (Reported on 10/14/2011)

Silver fails to live up to high expectations, but outlook positive

Source: CommodityOnline.com

Silver continues to show positive trends and holding firm above $30 although it has failed to live up to the high expectations of some analysts, according to Bill Hionas, CEO of Pan American Metals of Miami.

Silver rose strongly this week and has actually gained about 37% over the year. Early in the year all the hype was about silver: silver would break through $50 and reach $75 or even $100, everyone should be buying silver, silver was the new 'get rich quick' vehicle, etc. To read the full article, Click Here.

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