Why Silver Should Head Higher | Red Hot Energy and Gold
After over 18 months of recession, world oil consumption is roaring back to its pre-crash peak. The International Energy Agency says oil demand will probably hit 86.5 million barrels a day this year. That is equal to a thousand barrels a second. … This does not bode well for metal prices in at least the short term.” So maybe the rally isn’t for real. Silver could track gold, and gold could track oil, and while oil looks bullish now, that could change. …
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