Silver Prices Today Riding Higher on these Four Trends

Summary: Although silver pulled back a little bit on Monday, it posted it’s best rally this year last week. In June, silver was down an eye-popping 40% on the year. Some analysts  believe last week’s rally is the beginning of a longer-term trend. They cite four factors – short covering, physical demand for coins, exploding investor interest in the US/China/India, solar energy demand. Speaking of solar energy demand, Money Morning analyst Peter Krauth explains that silver demand for this sector has risen 50% annually since 2000. This trend is expected to continue as more countries turn to solar energy. Read more…