Com/news/stocktwits: fa3f35943094b: 0-gold-silver-in-spotlight-after-gld-hits-52-week-low-slv-sinks-to-11-month-low-peter-brandt-sees-signs-of-a-potential-bottom/ Skip to main content Analysts have cited the sell-off to inflation concerns from higher energy prices as well as the potential for an interest rate hike later this year.
Veteran trader Peter Brandt said silver’s sharp decline was being driven by investors who bought above $90-$100 per ounce and had previously insisted they would never sell.
Sentiment turned ‘extremely bullish’ from ‘bullish’ for SLV.
CUSIP Database provided by FactSet Research Systems Inc.