Silver is up significantly to the highest since March with the other metals down. Uncharacteristic, as silver is has been the weak sister for long time.
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From where I am sitting, there is a very good reason for what is happening, unfortunately I can not tell you why right now. I T T I I G T A T N P R I I T
"I T T I I G T A T N P R I I T "
What the heck do those letters mean?
Looks like silverspiker language (-:
Interesting on the price charts below. The farther you go back, the lower the current price looks!
Since the price of silver is not influenced by the weather, I know nothing about it but here's some information that might be useful:
https://www.sbcgold.com/investing-101/10-factors-influence-silver-prices/
This 2nd one gives a prediction based on the factors influencing the price:
https://investinghaven.com/commodities-gold/silver-price-forecast-2019/
https://www.kitco.com/news/2019-07-16/Gold-Down-On-Some-Upbeat-US-Data-Silver-Pops.html
(Kitco News) - Gold prices are modestly down in midday U.S. trading Tuesday. Some stronger U.S. economic data gave the monetary policy doves some pause on their notions of several interest rate cuts in the coming months. Meantime, silver futures pushed to a nearly four-month high today on chart-based buying interest and bargain hunting. August gold futures were last down $3.60 an ounce at 1,409.80. September Comex silver prices were last up $0.295 at $15.655 an ounce.
On the move again...