The reason for silver prices going up is not due to expectations that the economy is getting better, folks. It is completely the opposite. Don't drink the corporate controlled media Kool-aid...
Spot silver soared to a 31-year peak of $37.34 an ounce, surpassing its previous high set two weeks ago. It later gained 2.6 percent to $37.30 an ounce.
Year to date, silver has gained over 20 percent, and gold was up just over 1 percent. Silver was boosted by near-term supply tightness and strong industrial demand on expectations the global economy continued to recover.