Summary: Although silver pulled back a little bit on Monday, it posted it’s best rally this year last week. In June, silver was down an eye-popping 40% on the year. Some analysts believe last week’s rally is the beginning of a longer-term trend. They cite four factors – short covering, physical demand for coins, exploding investor interest in the US/China/India, solar energy demand. Speaking of solar energy demand, Money Morning analyst Peter Krauth explains that silver demand for this sector has risen 50% annually since 2000. This trend is expected to continue as more countries turn to solar energy. Read more…
Silver Prices Today Riding Higher on these Four Trends
August 20, 2013 by