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Silver: Defying Gravity
Silver continues to see a lot of buying pressure on Tuesday as the markets continue to see a lot of buyers driving this market higher, regardless of overbought conditions. Silver continues to see a lot of buying pressure on Tuesday after initially pulling back, which makes a certain amount of sense considering that the Consumer Price Index month-over-month numbers came out lower than anticipated, suggesting that perhaps the Federal Reserve is likely going to continue to see reasons to cut rates. So that provides a little bit more in the way of reasons for precious metals to go higher. That being said, silver has a ... (full story)