Hi friends,
Silver has been on a nice run over the last month, but has pulled back over the last week - here is the chart:
Are we going to continue our climb up or are we going to stall out?
The big catalyst has been geopolitical activities, particularly in the Middle East, which caused a flight to safe haven assets. Inflation and unrest in the US also caused some concerns, but those could ease as well.
Never a dull moment for investors!
Thanks for coming by,
Brian
That's why you should sell some part of the silver after getting married. I did it like this. I have sold some of my coins. And now I am buying it again. thank you sir @brian.rrr
Due to Geopolitical Issues Like Iran and Israel dispute are the main reason for high increase in Silver and gold prices.
No matter how much it climbs up, it will still go down so I think a smart person should take profit at this point or wait till you see rejection candles
Chances are that prices will come down soon
Geopolitical risk is the main cause that affects the price of silver.
Just a pull back, and silver and gold will continue to go up again.
It looks like it is stalling. The issues in the middle east seems to be mellowing out, so I can see it going down after moving that high.
After a few days, a good rise in silver may be seen again, so I have bought some silver coins.
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Isn't it time to sell some?
If silver is down, this is a good opportunity to buy.
$136/oz. Silver this year?!...:)...
