SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 680.59+0.6%Dec 19 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Honey_Bee who wrote (22181)7/27/2011 12:03:24 PM
From: Land Shark  Read Replies (1) of 220501
 
It takes energy to produce metals, etc.. Lower cost of energy, means lower cost to produce silver. The traders may be thinking that a drop in the price of oil will result in lower prices of metals. True or not, this is the short term price reaction to the price of oil. After that, other factors set in such as currency dilution, investment demand etc.. JMHO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext