silver
by Anonymous Questions | May 31, 2016 5:39 pm
Are stocks like AG and GPL going to be able to resume
their upward climb or is the price of silver[1] going down due to short
pressure?
Endnotes:
- silver: https://www.stockgumshoe.com/tag/silver/
Source URL: https://www.stockgumshoe.com/2016/05/microblog-silver/
You can get all the opinions you want but unfortunately the issue is not going to be decided by popular vote.
My opinion is for the LONG TERM only….the opinion is silver will go UP.
But short-term is anyone’s guess.
silver had a big day on Friday. Silver has always been more volatile than gold but has trailed gold so far in 2016. Recently silver has been rallying harder than gold and the gold/silver ratio is declining from a historically high ratio in the mid 70’s.
If Friday’s rally holds, we could see silver leading the charge and that will help silver stocks continue their torrid climb.