Silver American Eagles

Silver fell a very sharp 85 cents from $18.40 per ounce to as low as $17.65 per ounce yesterday. This resulted in a 4.25% price fall soon after the London bullion markets closed yesterday, despite no market news or corresponding sharp moves in other markets.

Silver had been performing very well in the first two months of this year, having surged 15% in price. In fact, there were 10 consecutive weeks of gradual gains.

It …

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