For what its worth, - which may not be very much. But at least it is up to the minute. DJ
A jump in silver prices could be "just around thecorner," given a bullish technical picture, says the chief economist of Barratt's Bulletin.
Compared with gold's technicals, which Barratt says are
also bullish, "silver looks a little more explosive." He notes that momentum indicators for the grey metal signal near-term upside. The trigger for a move higher is at $28.50 a troy ounce, with an intermediate upside target of $35.00/oz, he says.
He tips support at $26.50/oz. Spot silver is trading at $27.27/oz, up 9 cents from its previous settlement.
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