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Is silver’s recent price action a breakout or fakeout?

Posted on 15 August 2013

According to Reuters, Fed stimulus has helped fuel the S&P’s gain of nearly 19% in 2013. The Fed is seen as moving toward reducing its $85 billion in monthly bond purchases, causing some investors to take a step back from stocks.
The S&P 500 index dipped on Monday, extending losses from Wall Street’s worst week since June last week. Yesterday, the Standard & Poor’s 500 Index was down 0.12% and closed at 1,689.47 level. And what has happened with silver in the recent days?……………………………………….Full Article: Source


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VRS - who has written 36221 posts on Opalesque Commodities Briefing.


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