What the Tea Leaves Seem to Be Telling Us About Silver

8:23 AM

First published by Money Metals here: https://www.moneymetals.com/news/2018/07/26/silver-threads-among-the-gold-001583

The ongoing July silver (and gold) slam has a 2008 feel about it. Important data point elements are different, but there's an air of panic on the part of physical precious metals' owners. "Major trend lines" being broken to the downside; physical metals' buying (in the U.S. off significantly so far on the year; (some) long-term silver holders giving up the ghost and selling their metal below spot.

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