Copper $ 5.375 / lb -0.67%
Brent Crude Oil $ 59.75 / bbl -0.96%
Palladium $ 1631.5 / ozt 0.43%
Crude Oil $ 55.97 / bbl -1.25%
Natural Gas $ 3.934 / Btu -2.55%
Silver Futures $ 63.18 / ozt -1.45%
Aluminum Futures $ 2878 / ton 0.48%
Micro Gold Futures $ 4318.8 / ozt -0.38%
Micro Silver Futures $ 63.175 / ozt -1.51%
Platinum $ 1853.3 / ozt 2.23%
Gold Futures $ 4318.7 / ozt -0.36%
Go to MDC Markets

Short covering not speculative buying led to silver’s parabolic rise

JRB | May 19, 2011 | 9:28 pm Energy Precious Metals Silver 

Most mainstream pundits and reporters have assumed that it was speculative buying that caused silver to go parabolic. After all, it's always the dumb money or the public that gets in at the very end. However, in futures markets, parabolic...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now