Silver, Commodities on the Fly
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Commodities are flying higher today, lead by silver, which is up 4 percent in early trading on Tuesday. Gold, platinum, palladium, and copper are all moving higher as investors shrug off risk and wade back into markets. The change in sentiment is directly tied to expectations of QE3 in the US.
The large move in silver has the silver ETF (NYSE: SLV) outpacing the gold ETF (NYSE: GLD) by roughly 2 percent over the past 5 trading sessions.
The large move in silver has the silver ETF (NYSE: SLV) outpacing the gold ETF (NYSE: GLD) by roughly 2 percent over the past 5 trading sessions.
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