This is an interesting scenario this week. I really do believe that we need a modest (1 or two dollar) correction in silver before we see anything like 38 or 40. But the action today shows a lot of continued resistance to take it seriously down. I'd love to spend time with a hedge fund trader in silver to really understand what is going on.
A combination of profit taking and return of price takedown. Both are weaker than earlier actions, a good sign for those that continue to hold their hand.
No Way Out: Stimulus and Money Printing Are the Only Path Left
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No Way Out: Stimulus and Money Printing Are the Only Path Left
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