The silver bullion market has a key new player – Enter the Dragon. The Shanghai Futures Exchange in China is replacing JP Morgan bank and its clients as the most significant new source of demand according to a very interesting blog with some great charts and tables published by SRSrocco Report yesterday.
Last week, the beginning of April 18, 2016, silver was on fire, rising sharply and forcing "Wall Street" to take note of its move though, many investors believe that gold and silver are one and the same, one can hold either in your portfolio and earn the same returns? The truth is far from that!
The ratio of gold to silver prices fell to the lowest level since October on Wednesday after peaking in February at the highest since 2008. It will likely fall further, according to dealers such as brokerage GoldCore Ltd. in Dublin, as reported by Bloomberg.