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Mid-Session Silver Market Report for 11/20/2008

Clearly the silver market under performed versus the gold market in the morning trade today. In fact, despite gold gains of almost $15 an ounce just ahead of mid session the silver market seemed to be content to sit moderately lower on the day. Apparently concerns of extreme flight to quality conditions ahead and isolated inflation concerns off the latest slide in US Treasury yields were simply lost on the silver trade. In short, silver seem to be tracking in the footsteps of most physical commodity markets, while gold managed to adopt a slightly different focus.




 
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