May 17, 2011

A Series Of Technical Events Led To The Collapse Of Silver Prices

"A series of technical events led to the collapse of silver prices. Once that elephant gets out of the room, it takes everything else out with it. Whenever you see a big run-up in prices, you're going to have a sharp cut-back. It's nothing more significant than that." in CommoditiesOnline

Related: Ishares Silver ETF (SLV), Hecla Mining (HL), Silver Wheaton (SLW)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.