Perfect Storm Pushing Silver Price Towards Historic Breakout, but There is Also a Monster Gold Catalyst

from King World News

The perfect storm is pushing the price of silver toward a historic breakout.

Trifecta Of Drivers Supporting Silver

July 14 (King World News) – Ole Hansen, Head of Commodity Strategy at Saxo Bank: Gold and silver trade a tad higher today after spending the past week consolidating around $1800 and $19. Its raising the question whether they are getting ready to continue their journey higher? Despite the potential headwind from optimism over a coronavirus vaccine, the foundation for a move higher is there. Not least due to a dollar punching at major support, U.S.-China tensions on the rise and real yields moving deeper into negative territory.

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