Silver: Set to test $28.00?
From blog.hycmlab.com
The potential for gold upside has been well discussed over recent days, but silver is also worth a look as there are some easy technicals to measure risk with and a similar fundamental story. Gold’s key appeal at the moment is as an inflation hedge. If central banks around the world are forced to raise interest rates to counter rising inflation then they also run the risk of slowing growth. This is the stagflationary environment that is perfect for gold to thrive in. Silver will also be lifted along with gold. The key markets to look at are real yields and the dollar, The perfect scenario for both gold and silver is ...
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