The Phaserl


Silver is Immune From Nose Dive in Value

by Brittany Stepniak, Wealth Wire:

Economic reports today suggest things are picking up a bit: Payrolls might be expanding more than they’re contracting. Unfortunately, separate reports also suggest that the UK’s economic woes will have a negative effect on the U.S.

The mix of good and bad news has the stock market and the precious metals market relatively “steady,” without great movement in either direction.

Gold is trading pretty steadily, but gold and silver bulls are a little “shaky” on technical grounds. Despite the fact that gold and silver traded down slightly today, not much has changed in the big picture. So fear not.

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2 comments to Silver is Immune From Nose Dive in Value

  • NaySayer

    Well that is funny. I left a comment disagreeing with this article’s main assumption and it disappeared. It must have met the NDAA and ended up in a secret sgtreport prison somewhere.

    Silver can go down in price. Don’t let them fool you, it can go down. But it won’t matter in the end because it is still one of the few things that will have value when this mess falls.

  • Slvrizgold

    It says you cannot comment unless you are a member of “Wealthwire.”

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