Friday, February 7, 2014

Silver outperforming

Is the bottom appearing in the precious metal markets?  Here is more evidence of the impending upturn in the $ilver market.

Silver outperformed gold this week, having risen about 5% from $19.05 to last night’s close at about $20. Intra-day movements have been the result of market-makers trying to work the price lower, because they are net short, and being squeezed by lack of genuine selling. This is illustrated in the chart below..

GoldMoney News: Silver outperforming

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