Silver spike fuels frenzy, smuggling and cost pain for industry
TL;DR
A historic surge in silver prices, driven by speculation, dollar skepticism and solar-demand, sparked a global buying frenzy, market distortions and smuggling into China, while squeezing manufacturers with higher costs and raising the risk of sharp reversals for investors.
- Silver boom fuels smuggling, speculation, pain for industry (SLV:NYSEARCA) Seeking Alpha
- The Silver Market Is Messed Up. These Buyers Are Feeling the Pain. The Wall Street Journal
- Silver's Up 17% in 1 Month: 3 Stocks to Ride the Surge Nasdaq
- Silver Is Paying for Its Excesses. Silver Miner Stocks May Be a Buy. Barron's
- Silver Plunges More Than 30%, and Analysts See More Pain Ahead Yahoo Finance
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