In today’s update, I discuss where the silver price may be heading over the next few weeks. Of course, this is only a short-term horizon, but if individuals are going to watch Kitco.com or other silver price quotes every day, then it essential to know what the technicals are showing. How the silver price trades over the next two weeks will depend on the broader markets and U.S. Dollar Index.
In my newest video update, Silver Breakout To $30 Or Correction Lower, I provide several charts showing how the U.S. Dollar and broader markets may impact the silver price.
Furthermore, for those who have not seen this Silver Member article, it seems as if some large entities, hedge funds, or investors were positioning themselves for the big move higher in July and August:
Lastly, stay tuned for our upcoming interview with Dr. Louis Arnoux on the Thermodynamics of Oil Depletion and its impact on the U.S. and global economy to be out within the next two weeks.
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