MNeagle
16th September 2010, 08:53 PM
Sorry, my free WSJ subscription ran out, so can only offer a partial article: (but hot off the press!)
BY LIAM PLEVEN AND CAROLYN CUI
There's a silver lining to the gold rally.
Silver futures on Thursday hit their highest level since 1980, the year the Hunt brothers allegedly attempted to corner the market. Individual investors are snapping up new Silver Eagle and antique coins, and hedge funds have been plowing money into the metal since midyear.
The fervor has pushed prices up 4.8% this week alone, and 23% this year, outstripping even gold's 16% gain.
Silver settled Thursday at $20.7450 a troy ounce, topping its 2008 high of $20.685 and hitting the highest level since Oct. 15, 1980. Prices hit their all-time high of ...
http://online.wsj.com/article/SB10001424052748704394704575496243286593442.html?m od=WSJ_hpp_MIDDLETopStories
BY LIAM PLEVEN AND CAROLYN CUI
There's a silver lining to the gold rally.
Silver futures on Thursday hit their highest level since 1980, the year the Hunt brothers allegedly attempted to corner the market. Individual investors are snapping up new Silver Eagle and antique coins, and hedge funds have been plowing money into the metal since midyear.
The fervor has pushed prices up 4.8% this week alone, and 23% this year, outstripping even gold's 16% gain.
Silver settled Thursday at $20.7450 a troy ounce, topping its 2008 high of $20.685 and hitting the highest level since Oct. 15, 1980. Prices hit their all-time high of ...
http://online.wsj.com/article/SB10001424052748704394704575496243286593442.html?m od=WSJ_hpp_MIDDLETopStories