ETF Manager Likes Silver, Barring Further Margin Increases
May 10, 2011 at 15:38 PM EDT
The manager of a nearly $700 million exchange traded fund that holds silver says it is bullish on the metal despite last week’s sell-off, although there is a catch. William Rhind, manager director at ETF Securities U.S., says silver prices should mend “barring further Comex margin increases.” Last...