Commodity Trade Mantra

Posts Tagged ‘iShares MSCI Global Silver Miners’

Silver Hasn’t Flashed This “Buy” Signal in Almost a Decade

Since peaking in 2011, silver had dropped 72%…far more than gold’s 45% drop. An asset carves a bottom when it stops falling, forms a bottom for a period of time & starts moving higher. This signals that buyers have stepped in and given the price a “floor. Like gold, silver has now completed its carved bottom. We think gold is heading much higher, but silver could go even higher.

follow us

markets snapshot

Market Quotes are powered by India

live commodity prices

Commodities are powered by India

our latest tweets

follow us on facebook