New! Reuters Quote: Silver Rises To Record, Beats 1980 High

New! Reuters Quote: Silver Rises To Record, Beats 1980 High

ADAM SARHAN, CHIEF EXECUTIVE OF SARHAN CAPITAL IN NEW YORK:
“What we’re seeing is a very strong and sustained bid for silver, an overwhelming desire for people to be involved in the silver trade. That strength begets more strength. It becomes a self-fulfilling prophesy as more and more people get involved.
“I’d say that it is premature to call it a bubble, but there’s a bubble-eqsue feel to the move. At this stage, you don’t want to fight the trend. How much higher could it go? No one knows, but there’s no overhead resistance.”