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Friday, May 26, 2006|
First Cloud for Silver ETF
The only silver ETF hit its first snag this week, reported Reuters.
iShares Silver Trust had been surging since its late April launch, with 3 to 4 million ounces of the metal added daily to its stores, but holdings as of Wednesday were 2.5 million ounces behind their peak so far. Analysts are blaming the same spooks -- interest rates and inflation -- for a wave of liquidation in both commodities and equities markets globally.
Printed from: MFWire.com/story.asp?s=11893
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