Silver Investment News for Saturday, October 18, 2008
* Jason Hommell is trying to auction off several bags of 90% silver and some bars, and The Tulving Company has offered him $4/ounce over spot price to take it off his hands.
* A jewelry importer from North Carolina is no longer buying silver from Indonesia because their government-regulated price is 22% higher than the market price available in Singapore or Bangkok.
* John Embry discusses gold and silver price manipulation (PDF) in the environment of the Wall Street bailouts in Investor’s Digest.
* Franklin Sanders offers a light-hearted rant about the stock market, and the price of physical silver and gold compared to “paper” silver and gold at The Money Changer.
* Jim Iacono also talks about the disparity between physical silver price and “paper” silver.
* 2 articles about oil discuss commodities prices and how they are affecting gold and silver. LBO.lk and The Independent. From LBO.lk: “Gold plummeted even though it is seen as a haven in times of economic turmoil. Its performance weighed on other precious metals, with silver, platinum and palladium striking multi-year low points.”
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