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Wealth Tracker: Is the silver market at a state of seizure?
Gold and silver fever is back, and it’s hitting Singapore hard. Dealers say they’re seeing eight times the usual number of clients rushing to buy physical bullion. At the same time, Bank of America is calling for silver to hit US $65 an ounce, warning the London market is in a “state of seizure.” So what’s driving this frenzy, and could it be a sign of something bigger happening in global markets? On Wealth Tracker, Hongbin Jeong speaks to Gregor Gregersen, Founder, Silver Bullion Group, to find out more.See omnystudio.com/listener for privacy information.
The skinny
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