Uncharacteristic day for silver
8 responses | 0 likes
Started by pj - July 16, 2019, 2:05 p.m.

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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By Richard - July 16, 2019, 3:18 p.m.
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ITTIIGTATNPRIIT

By Richard - July 16, 2019, 3:21 p.m.
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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                                                                                  

By metmike - July 16, 2019, 3:54 p.m.
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"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 (-:

By metmike - July 16, 2019, 3:56 p.m.
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Interesting on the price charts below. The farther you go back, the lower the current price looks!



By metmike - July 16, 2019, 3:59 p.m.
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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:

10 Factors that Influence Silver Prices

https://www.sbcgold.com/investing-101/10-factors-influence-silver-prices/


This 2nd one gives a prediction based on the factors influencing the price:

A Silver Price Forecast For 2019

https://investinghaven.com/commodities-gold/silver-price-forecast-2019/

By metmike - July 16, 2019, 4:06 p.m.
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https://www.kitco.com/news/2019-07-16/Gold-Down-On-Some-Upbeat-US-Data-Silver-Pops.html

 

Gold Down On Some Upbeat US Data; Silver Pops

 

    

(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.

By metmike - July 16, 2019, 4:06 p.m.
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Live 24 hours silver chart [ Kitco Inc. ]

By joj - July 17, 2019, 12:33 p.m.
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On the move again...