Interesting to note that as the price of silver "broke down" from its trendline, the bellweathers of silver stocks, Pan American Silver and Silver Standard Resources, went up.
Butler predicted a false breakdown before a sudden move up, numerous analysts have also suggested they believe it is a false break, COT numbers have a distinct upward bias and fundamentally silver has underperformed most other commodities over the last few years while being in a stuctural deficit.
Up or really down, this week will be interesting...
- Forums
- General
- silver down -silver stocks up
silver down -silver stocks up
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)