• Gold: 1,650.04 -6.04
  • Silver: 15.03 0.01
  • Euro: 1.086 -0.004
  • USDX: 100.216 0.257
  • Oil: 24.71 0.36

Silver ready to catch up with 32 years of price suppression and break the $50 all-time high of 1980

|
December 12, 2012 - 10:24am

ArabianMoney editor and publisher Peter Cooper goes down to the Sharjah Gold Souk with Sandra Mergulhao from MyDubaiMyCity to investigate the silver market and finds traders forecasting a 30 per cent price hike for 2013 after a disappointing 15 per cent over the past 12 months.

Is this the year silver will catch up with 32 years of price suppression and finally break through its 1980 all-time high of $50 an ounce? No other commodity trades for less than it did three decades ago…

Direct video link: http://bcove.me/tzalyawp

Your rating: None Average: 3.4 (53 votes)

About Peter Cooper / Commentary Author

Peter Cooper is the editor and publisher of the ArabianMoney investment newsletter and the popular financial comment website www.arabianmoney.net.

Article Comments

Sponsored Links

Join the Free Weekly Silver Review!
SilverSeek.com week in review delivered direct to your inbox!

Live SilverSeek Map