04.05.2016 - Silver Market Strong, but it’s Time to be Cautious
The vertical price action currently taking place tends to indicate that we are nearing a top due to excessive speculation. Last week, July Comex Silver prices reached their highest level since January 2015, driven mostly by the Bank of Japan’s decision to hold off expanding monetary stimulus and weaker equity markets. The dovish U.S. Federal Reserve monetary policy statement also helped support the surge in prices. The Fed kept the door open to a hike in June, but showed little sign it was in a hurry to tighten monetary policy...............................................Full Article: Source
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