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Commodities Briefing - Categorized | Bullion/Gold, Commentaries, Investment more

Should you short silver now?

Posted on 14 January 2013

Over the last two weeks, I suggested that the silver futures were headed to the 31.60 region, to be followed by a decline which should ideally target at least the 28.67 region. While we topped at 31.53, and then saw a nice decline, which bottomed at 29.12 for a 2.39 decline, and a nice short trade for those that took it, we still came up 45 cents short of my minimal target.
But, before I discuss the next market moves in silver, and whether it will still reach the lower levels cited in the last article, there is a “fundamental” issue I need to address once again, and that is the so-called “manipulation” perspective………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 38163 posts on Opalesque Commodities Briefing.


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