Gold and silver have climbed higher as expected. Both precious metals now look ready to make new multi-month highs.
Gold and silver have climbed higher as expected. Both precious metals now look ready to make new multi-month highs.
Silver has rallied above its 200-day moving average. It is now contending with resistance at the horizontal red line drawn at $15, which is a dividing line between overhead resistance and underlying support.
It has taken a lot of patience, but the gold/silver ratio finally sliced through support at the 68-69 area. The ratio has clearly broken down, meaning that silver is now outperforming gold.
@notsellingearly @shortorlong @MacleodFinance I am not a physicist, but that is my understanding. #Gold mined by th… https://t.co/46Wih7kJWg
3 days agoMy new article explains: (1) why #gold is natural #money & (2) how #nature imposes discipline on the money creatio… https://t.co/uIT05bAcpA
1 week agoEvery natural element to which the earth has been endowed has a usefulness – a purpose. If we listen to gold, one of the earth’s natural elements, its message is loud and clear – gold is money. To serve as natural money is gold’s highest purpose.
The German version of The Epoch Times newspaper published an interview by