from Money Morning:

The price of silver hit new 2014 lows this month, and despite today’s jump it still looks to be victim to highly bearish sentiment.

Just this summer the price of silver inched toward $22 an ounce for the second time this year. Silver really began to look as if it was reversing its dismal 2013 fortunes where it fell 35%.

Silver peaked at $21.445 in July. But since then, it has fallen to $15.665 as of market close yesterday (Thursday). This is a 20% drop for 2014.

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