| Last week after much publicity and a long
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| | the price of silver is the approval of
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| wait, the Barclay's Silver ETF (SLV)
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| | Barclay's new silver fund. The fund is
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| finally started trading. And it looks
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| | backed by physical silver and trading in
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| like the wait was worth it. Each share
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| | this fund has created a demand for
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| represents 10 ounces of silver. Trading
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| | physical silver. This will likely
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| began at $129 a share and at the end of
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| | continue to drive the price of silver
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| trading for the first day, the new
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| | upward.
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| Exchange Traded Fund closed at $138.12
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| | As the second day of trading ended with
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| after trading more then 2 million shares
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| | 1.5 million shares traded and silver
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| on it's first day of trading.
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| | continuing to move slightly upward, there
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| This new fund appears to be immensely
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| | is speculation on how long this trend
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| popular with traders. It is one of the
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| | will last. Silver however, is not driven
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| new Exchange Traded Funds that is acting
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| | by day to day news, like many equities.
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| more like a commodity then a stock.
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| | It is driven by long term trends. This
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| Exchange Traded Funds which ten years ago
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| | particular trend started with the
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| were very conservative and were mostly
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| | introduction of the gold standard and the
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| mirrors of major stock indexes, are now
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| | end of the use of silver as money. With
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| getting very creative in the sectors they
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| | the introduction of the new Silver ETF,
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| represent and also in the underlying
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| | this long term trend is reversing. Silver
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| financial instrument they represent. You
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| | is now for the first time in years, being
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| can now but an ETF that invests in gold,
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| | stored as wealth again.
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| silver or oil. When the equity markets
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| | Another trend is the use of silver as an
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| are looking dull, investors can now move
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| | industrial metal. With the
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| their money into funds that are driven by
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| | industrialization of India and China, the
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| commodities. While not as volatile as the
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| | use silver as an industrial metal is
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| futures markets, these funds can still
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| | increasing. There is now competition for
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| have wide price swings.
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| | physical silver for use as an industrial
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| Silver and Gold have been recently
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| | metal and for storing of physical silver
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| trading at multi decade highs. With
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| | for investment. This appears to beginning
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| inflation beginning to increase and
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| | of a long term trend that will keep the
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| volatility in world energy markets, these
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| | pressure on silver prices to move
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| metals could continue to increase in
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| | upwards.
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| value. Another factor, especially driving
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