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Triple Top Breakouts Featuring Market Mover iShares Silver Trust (SLV), article by


Dallas, TX -- (ReleaseWire) -- 07/07/2008 -- announces the publication of Breakout for SLV; highlighting public companies on the move and what’s behind the surge.

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“The objective of the investment is to reflect the price of silver owned by the trust less the trust's expenses and liabilities. The fund is intended to constitute a simple and cost-effective means of making an investment similar to an investment in silver. Although the fund is not the exact equivalent of an investment in silver, it provides investors with an alternative that allows a level of participation in the silver market through the securities market…

“Global imbalances have become acute as China, Japan and the Middle East accumulate dollars at unprecedented rates. What are these countries going to do with all these dollars? At some point, either the dollars go back to the United States, creating lots of inflation, or the dollars are used to secure strategic materials. The latter seems to be the plan…

“After consolidating during silver’s seasonally slow period, the metal is popping its head out of the trading range. July is a month that is still within the seasonally weak period, and already the metal is looking for some upside action...”
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