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Silver Continues to Attempt a Recovery on Tuesday
Short-term rallies could happen in silver, but I think we still have a long way to go before we get overly bullish again. Silver has initially fallen during the trading session on Tuesday as traders continue to look at the $70 area as a potential floor in the market. It's experiencing quite a bit of force liquidation as of late as investors ran to cash amid a broader market flush with risk appetite and of course silver will not have avoided that. Despite the escalating Middle East conflict, which typically would bolster metals, precious metals have been destroyed by a resurging US Dollar and a spike in the 10-year ... (full story)