InvestorsHub Logo
Followers 6
Posts 1473
Boards Moderated 0
Alias Born 12/05/2013

Re: None

Friday, 05/27/2016 3:46:04 PM

Friday, May 27, 2016 3:46:04 PM

Post# of 1405
Today's move down in the price of silver certainly does not jibe with the comments made by CEO in this link. http://www.bloomberg.com/news/articles/2016-05-26/miner-sees-silver-price-surging-ninefold-as-global-gadgets-boom

Yellen apparently has more short term influence as she hinted that the Fed must raise interest rates so that they can lower them if needed. LOL
Crazy stuff...and the dollar strengthens as it anticipates June increase.
The Fed is obviously boxed in and the markets are apparently asleep.
If the Fed is correct and the economy is doing better then silver demand will probably increase silver prices. The coin toss as to a good economy or a bad one may favor silver prices upward regardless of how it lands. JMHO
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent EXK News