Wednesday, February 23, 2011

Commodity-->Why silver market is very volatile

Silver Tips
Trading decisions to take some profits are very hard to make when a market starts trading up so rapidly as silver is. However, go back and look at the move we have had in silver, a 9% rise last week all occurring in just two days last Thursday and Friday. It then went up again today currently 1.26%. Silver has now gone up 23.4% since the low of just one month ago. That is a very huge move and borders on now becoming irrational. However because this has turned into the perfect storm for our silver holdings and precious metals in general.

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