Commodity Trade Mantra

Posts Tagged ‘Silver Price Breakout’

Every Single Move This Year Seems Silver And Gold Friendly - Especially Silver

“It’s very difficult to be bearish on silver and gold — especially silver, which has drawn particular interest from investors this year. With so much pricing momentum, and so many geopolitical and market factors blowing in its sails, there’s no reason to think silver won’t continue to post gains through the end of the year.” Events close-by could easily push the price of silver above $30.

The Chinese Start Buying Silver - Momentum Breaks Out To Highest In Years

Silver has gained 21% this year & is the best performing asset. Is a continuation of the breakout imminent or will silver suffer its traditional intraday slamdown as someone dumps enough paper silver to take out the entire bidstack and reprice the commodity lower? It all depends on what the patriotic Chinese, now in possession of a brand new gold fixing mechanism, do next.

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