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« Are you living in the same place that you were brought up in? | Main | Yellen: "I Don't Believe We Will See Another Crisis In Our Lifetime" »
Tuesday
Jul112017

Knife Edge Stuff for Gold and Silver Stocks

Background

The precious metals sector of the market continues to oscillate widely; rallies start with an abundance of energy creating much excitement only to fall back and test various support levels.

This year alone gold has rallied three times only to fall back and test support at the $1200.00/oz level, but remains above the price level at the start of the year. Silver, however, has not managed to hold its ground and is now trading just below those price levels.

What does this mean for the producers, well they too have had a torrid time having rallied three times and also fallen back to where they were at the beginning of 2017.

read more....

 

Gold ticking up as we await the Yellen speech....

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