Commodity Trade Mantra

Posts Tagged ‘LBMA Gold Fix’

Is Silver Showing A Short-Term Bounce Or Getting Ready To Rip Higher?

Since mid-January the price of silver has been uncharacteristically “buoyant,” especially in relation to the price-action in gold. In general, silver outperforms gold on days when gold is being successfully manipulated lower and, in general, it outperforms gold on rally days. Whether or not this is nothing more than a short-term bounce or the start of the next big move higher remains to be seen.

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