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Can Silver Lead PMs Higher Still?
It's not true that yesterday's session in precious metals was uneventful. While gold and mining stocks didn't do much, silver moved a bit above its previous high, closing at a fresh 2019 high. Sounds pretty remarkable, doesn't it? In today's analysis, we'll put silver's breakout into proper perspective and examine if the white metal has much more room to run. Gold ended the session higher by just about $2 and the move higher in the gold miners was barely noticeable as well. There was no breakdown in case of the miners. In case of gold, there was no breakout above the pennant pattern and the bearish implications of ... (full story)