For additional context, note that price has gone up 18 out of the past 30 days.
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.
It’s where metals should be at because of all the inflation since early 1900s.
Out of the 5 instruments in the metals asset class, silver ended up ranking 3rd for the day in terms of price change relative to the previous day.
But let’s digress back to the now melded federal reserve and us treasury which have been publicly hinting that yet more fiat currency creation and seemingly infinite bailouts are likely ahead….
The cme group comex nymex did not establish these massive daily price fluctuation limits for fun, more so for volatility protection for what is likely coming sooner than might think.
Out of the 5 instruments in the metals asset class, silver ended up ranking 3rd for the day in terms of price change relative to the day prior.
Do a little tournament with a 9k silver price + a giveaway of a 9k item.
Or to view things another way, note that out of the past 14 days silver’s price has gone up 9 them.
Diesel gold price, petrol silver price will be sold soon.