It's not the Opium Wars, but Frank Giustra sees a ‘bare-knuckle fight’ brewing in the global silver market | Metals Mine

  • It's not the Opium Wars, but Frank Giustra sees a ‘bare-knuckle fight’ brewing in the global silver market

    From kitco.com

    Silver may not be seen as a monetary metal anymore, but analysts expect it to play an integral role in the evolution of the global economy and, therefore, it will be a critical asset in global financial markets. Mining legend Frank Giustra is warning investors in his latest commentary that a “bare-knuckle fight” is brewing in the commodity sector between Western and Eastern markets, with silver emerging as the latest weapon of choice. He added that the result of this tug-of-war will be a significant repricing of the precious metal. Giustra’s comments come as silver prices look set to close the year above $71 an ... (full story)

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