Peter Spina Quotes on Silver (8 Quotes)


    The price of silver may move higher in anticipation of the launch, but once it hits the markets, initially the price may retreat after strong gains.

    The real action remains in silver, taking away from gold's luster.

    Silver is taking center stage ... with the news of Barclays' silver ETF a step closer to possible approval. We have some gold investors moving into the silver market.

    Gold, silver and platinum started the week off on positive footing with continued excitement in the silver markets regarding the proposed silver ETF in the United States.

    The launch of the silver ETF is expected to draw large investment money into the silver markets, which would most indisputably take silver prices much higher.


    It is just a matter of time before we have another leg down in the U.S. dollar and this will just add to the luster of gold and silver.

    It's difficult to see how much investment demand will be caused by this yet, but due to the lack of silver investment products ... this should attract some good interest.

    Silver stocks are powering ahead ... taking the HUI above the 315-316 resistance to all-time record highs.


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