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Silver’s Leading the Way… to New Yearly Lows

From goldpriceforecast.com

“Whites lead yellow” is one of the sayings about the precious metals market. And the white – silver – is down. That saying describes one of the rules of thumb for the precious metals sector – that silver can be indicating something for gold. There are exceptions from this rule, as silver tends to outperform gold on a short-term basis close to local tops, but it seems that at this time, silver investors know something. Or, more precisely, they are reacting to something that gold or stock market investors don’t really sense yet. Mining stock investors appear to have “felt” it all along. What do I mean? The fact that ... (full story)

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  • Category: Technical Analysis