Monday, April 25, 2011

A Brief History of Silver

Here's a brief history of silver:

April 25, 2011: Spot silver rose to $48.84 an ounce and U.S. silver futures to $49.82, highest since 1980.

2010: Spot silver rose to successive 30-year highs, and prices gained more than 80 percent, outperforming gold.

1997: In 1997 and 1998 Warren Buffet bought about 130 million ounces of silver.

1988: The Hunt Brothers were . . .

Full story at: Reuters

1 Comments:

At 9:12 AM, Anonymous Daves Collectible Coins said...

Great story, thanks for finding it. That is a very useful breakdown for those newer to the silver market, it will be very helpful in educating my customers.

 

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