First published by Money Metals Exchange here:
https://www.moneymetals.com/podcasts/2022/06/10/businesses-nationwide-shrink-staff-products-and-services-002543
Precious metals markets enter summer trading with investors looking for signs of a directional move. Gold and silver prices consolidated this spring with silver showing more of a downside bias. Silver did find 200-week moving average support in early May, however. That long-term trend indicator is also now heading in an upward direction. So, there is a good chance that the lows for the year are in.
