1. Most Discussed
  2. Gainers & Losers

SILVER - wants to move higher...

  1. gaweb

    2,154 Posts.

    Silver moved above its immediate higher high at 4.62 today, to trade at todays high at 4.63, now settled at 4.61.. thus continuing its immediate uptrend, spot euro is now approx 100 pips from parity - the dollar index futures has broken below the ascending wedge consolidating pattern with a VOlume sPike on weekly chart.. So keep an eye on the shiny yellow and white stuff - agriculture and softs futures are in mass boomage mode, metals will eventually follow the lead as prices will generally rise to offset rising production costs.. producer prices have risen and are about to KaBooM into the stratosphere if the Fed doesn't raise rates we may be paying a ridiculous amount of money for a loaf of bread and a litre of milk in six months..inflation is a monster and must be stopped now ! Central Banks across the world must act and raise rates, there is no other solution..If the consumer goes, woTs left ?

    Go Gold, Go Silver !

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top

Thank you for visiting HotCopper

We have detected that you are running ad blocking software.


HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.