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Silver: Tests Interest Rates and Headlines
The silver market continues to see a lot of noisy trading on Monday, as we are looking like a market that will continue to move on the latest headlines, and, of course, the interest rate markets. The silver market gapped pretty significantly to the downside on Monday, as we are continuing to see a lot of volatility and questions about the interest rate markets. The silver market, of course, is very sensitive to interest rates, and as interest rates jump, the silver market falls apart. But really, at this point, I think what we had seen initially was traders reacting to the negative headlines coming out of the Middle ... (full story)
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- Jun 23, 5:01am | 3 hr ago Posted byTechnical Analysis44
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