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Monday, August 29, 2016

Silver bull run just getting started: Tradebulls

http://www.financialexpress.com/markets/commodities/silver-bull-run-just-getting-started-tradebulls/357061/

It has been a good year for precious metals, particularly for gold and silver. If we look at gold, it has performed 28 per cent while silver has outshined gold and gained by nearly 40 per cent year to date. Investors have flocked to the metal in recent months, with hedge funds expanding their bullish bets on silver to an all-time high in May, as reported by Bloomberg. Silver demand appears to be increasing and supply appears to be decreasing. Another reason for gain in silver prices is continued low-rate stimulus by the Federal Reserve, European Central Bank (ECB) and Bank of Japan. Negative rates by ECB and Bank of Japan have supported expectation for continued monetary easing which is positive for bullion

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