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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: The Barracuda™ who wrote (57010)	6/27/2010 11:32:52 PM
From: Winfastorlose	Respond to of 207795

Silver Posting Best Streak Since Hunts No Matter Which Way Economy Turns By Nicholas Larkin and Pham-Duy Nguyen - Jun 27, 2010 bloomberg.com ...“Silver is really attractive because you have strong investment demand and strong fabrication demand,” said Jeffrey M. Christian, the managing director of CPM Group, a research company in New York. Silver rose 68 percent since he recommended buying the metal in a Bloomberg interview in October 2008. “You buy gold when you think the world is going to hell in a handbasket. You buy copper when the economy is booming. In between those two, if you’re a bit confused, you buy silver.”... ...Silver will trade as high as $21 by the end of this year, according to the median in a Bloomberg survey of 27 analysts and traders. Open interest in the call options expiring in November to buy at $25 was almost 7,200 contracts June 25. The next biggest positions are the call options for $20 and $30 by the same date, Comex data show. Higher prices may bolster profit for BHP Billiton Ltd., KGMH Polska Miedz SA and Fresnillo Plc, the biggest producers in an industry forecast by London-based researcher VM Group to mine 22,793 tons this year, worth $10.8 billion at last year’s average price.