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Silver Wheaton Corp. Message Board

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  • hapiwondrer hapiwondrer Jun 1, 2011 3:17 PM Flag

    can someone explain?

    Today the US stock market is down sharply. At this writing it is minus 220+. Silver is an industrial metal, as well as having monetary value. The stock market has been manipulated upward for some time far beyond valuation. So it would seem that silver investors are looking at the very real possibility that a large stock market correction, beyond today, could take silver down sharply, despite the monetary function of the metal. Gold, on the other hand, is showing strength today. This seems to confirm that the monetary function of silver is being ignored.

12.59-0.10(-0.79%)Nov 27 1:02 PMEST