Filed under: Major Movement , Competitive Strategy , Barrick Gold (ABX) , Commodities , Federal Reserve Back in the late 1970s, the Hunt brothers from Texas tried to corner the silver market . That drove prices to $48 an ounce. Now, 31 years later, silver is shooting higher again. The March silver futures contract closed at $32.296 per ounce , up 72 cents. Since gold is expensive, investors are turning to silver to hedge against inflation. Many fear that the Federal Reserve will not be able to control the spike in commodity prices. The Fed is buying $600 billion of treasuries and keeping interest rates near zero. Continue reading Silver Near a 31-Year High Silver Near a 31-Year High originally appeared on BloggingStocks on Sat, 19 Feb 2011 12:50:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments
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First Solar (Nasdaq:FSLR), Suntech Power Holdings (NYSE:STP), Yingli Green Energy (NYSE:YGE), Trina Solar (NYSE:TSL), GT Solar International…
Filed in first-solar, Gold Prices, GT Solar, o, Suntech, trina-solar, Yingli Energy
by admin
on January 3, 2011
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Not long after the new year in 2010, the solar sector in general took a big hit, and it hasn’t recovered yet, although some of the companies listed here, like First Solar (Nasdaq:FSLR), Suntech Power Holdings (NYSE:STP), Yingli Green Energy (NYSE:YGE), Trina Solar (NYSE:TSL) and GT Solar International (Nasdaq:SOLR), did have a good and consistent year, while others faltered. Much of that was