11.05.2016 - The Silver Price Will Rally in 2016 Thanks to One Fundamental Force
The silver price peaked near $18 last week. And despite backing off a bit since then, silver prices still look strong. It seems the behavior of the U.S. dollar has been crucial in swaying silver prices in the very near term. The U.S. Dollar Index (DXY) has strengthened over the past four trading sessions, making it difficult for the price of silver to keep pushing higher. While moves in the dollar will continue to influence the near-term silver price, fundamentals and sentiment are going to be the medium- and long-term drivers...............................................Full Article: Source
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