May 10, 2011: resumption of the silver trade, and US indices keep marching up the wall of worry

Image via Wikipedia

Now that market manipulation shenanigans in silver have subsided, the longer term fundamentals driving prices upward  have begun reassert themselves,  namely excess printing of money by most major economies,  fear of debt defaultsthe U.S deficit, , the political unrest in the Middle East & North Africa, the depreciation of the dollar, accelerating global inflation, the growth of wealth and investment in gold and silver in Asia

US indices built on yesterday’s tentative positive price action to put in a second day of gains after finding local support

Related articles

• “Portfolio: China’s Stake in the Middle East Unrest” and related posts (docstalk.blogspot.com)
• An International Look at Women in Media Jobs (visualeconomics.com)