May 4, 2011

Silver: Bull Market And Speculators

I would say that the moves over the last couple of days have been largely driven by speculators but overall the entire bull market, no. Its driven by fundamentals.

Silver isn`t rising because of speculators, it is because silver is rising that is why there`s speculators. They are attracted to the bull market but they are not causing it. - in CNBC Fast Money

Related: IShares Silver ETF(SLV), Hecla Mining (HL), Silver Wheaton (SLW)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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