The price of silver is hit hard

3rd May 2011

What Did Happen?

Initially equity markets moved higher represented  perhaps best by the German Dax index which shot up to 7600  – which was significant on top of a recent good run- but then the rally fizzled out and the Dax closed at 7526. Indeed this morning it has fallen to 7487 so the idea of a sustained rally has now gone although as time goes by more and more other events influence markets and the picture becomes muddier.

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