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Silver Wipes Out Gains—Is the Bull Trend in Jeopardy?
It's very likely that there's a little bit of follow through. Keep in mind that although gold turned around quite drastically, the reality is gold's safety play as well. Silver is not. It’s a way to play against the dollar. Sometimes it's a way against the rates. And quite often it's an industrial metal. That's what people think of it. The industrial metal use case scenario, of course, could be slowed down if we get a massive tariff war. And if that's going to be the case, it's very likely that silver will continue to struggle. That being said, it's still technically an uptrend despite the fact that we took this ... (full story)