• Gold: 1,676.36 31.14
  • Silver: 15.28 0.33
  • Euro: 1.093 0.008
  • USDX: 99.529 -0.63
  • Oil: 26.31 0.14

Physical demand for silver spikes as price drops to an 11-year low

Myra P. Saefong
|
Thursday, March 19th

“The poor man’s gold is on sale today and the fire sale will not last unless there is an all-out deflationary crash which brings its own appeal in holding silver as a hedge,” said Peter Spina, president of silver news and analysis provider SilverSeek.com.

He disclosed that he recently made a large purchase of silver as its price ratio to US:GCJ20 limbed to historic levels at roughly 130 ounces of silver to buy one ounce of gold.

READ MORE...

https://www.marketwatch.com/story/physical-demand-for-silver-spikes-as-price-drops-to-an-11-year-low-2020-03-19



 


Your rating: None Average: 1 (1 vote)

Sponsored Links

Join the Free Weekly Silver Review!
SilverSeek.com week in review delivered direct to your inbox!

Live SilverSeek Map