Hedge funds placing heavy bets on $50 silver by the end of the yearPosted on 29 September 2012 with no comments from readers
Hedge funds are positioning themselves for a powerful upswing in the silver price with a $50 an ounce target for the end of the year. ArabianMoney can only concur. This was our view at the start of 2012 (click here).
Alix Steel reports on silver and investors that are betting big on the ‘poor man’s gold’ to outperform the yellow metal itself. She speaks with Deirdre Bolton on Bloomberg TV: