Dollar down about .33%, and Silver is down .4%.
Will be interesting to see if this trend continues. Normally silver increases by at least 3x the rate at which the dollar loses it's value. At least so far today, silver can't catch enough momentum to go up despite the weakening dollar.
If this relative strength change has teeth, silver will tank when the dollar stabilizes at some point in the near future.
Do you really think it matters if you sell or not?
I doubt I will convince anybody to sell.
I'm just reading the data by watching the trades coming in.
My money right now is in beaten down Chinese Small Caps whose management is responding to the recent small cap trust breakdown responsibly.
It's paper silver that's driving prices.
Well more than a 1/2 year of global production is held by investors in SLV... given that the bulk of the price rise has occurred only within the last 8 months, silver is rising only due to investor demand - SLV sells today can easily turn into physical sells tomorrow.
lol it was down yesterday..how did that turn out
love these poor shorties..getting creamed and then try to convince longs to sell
and try to pass it off as " a suggestion" as if they are helping us