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Here comes the silver crash?

Posted by: Aaron Pressman on April 28

Ok, you can stop writing in asking when, when, when will Barclays new silver ETF start trading. People, let the rejoicing begin. Trading under the symbol SLV begins today. Silver has had a wild run of late, hitting more than 20-year highs then dropping more than 10% in a day. I’ll wager that some of the excitement over demand from the ETF blows off today and silver slips in the short-term. Remember, buy the rumor, sell the news…

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Businessweek’s Lauren Young, Aaron Pressman, Emily Thornton, Amy Feldman, Ben Levisohn, and Ben Steverman focus on matters great and small for investors, from the views of a hot fund manager to an explanation of the latest products devised by Wall Street’s rocket scientists. Exploring trends in any area, from bonds and stocks to closed-end funds and futures, always with an eye towards giving investors a better understanding of the sometimes confusing and often chaotic world of finance. Standard & Poor’s senior index analyst Howard Silverblatt will also provide his take on companies’ finances and the markets. Voted one of the “Top 100 Finance Blogs” in 2007.

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