This Past Week In Silver

August 3, 2013

Silver is giving mixed signals. Short-term the white metal has recently given Buy-Signals. But longer-term silver prices are heading the 200 ema support.  Provocatively,  Large Specs are at the lowest levels in years.

 

SLV – on short term buy signal.        

On long term sell signal, but prices now approaching 200 ema support.

 

Large specs are at the lowest levels in years.

The Fourth Coinage Act of 1873 embraced the gold standard and demonetized silver, known as the “Crime of 73”

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