Saturday, August 16, 2014

Silver Slammed Over 2% when the London Silver Price announced

Well that was a great start to the new LBMA Silver Price (see here for details of new London Silver Price), from the moment the London Silver Price was announced (at 12:02 London time) the Silver Market tanked by over 2% in the following hour, hardly an accurate pricing mechanism.

Chart from goldprice.org