This Past Week In Silver

August 10, 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 since 2011, but prices now approaching 200-ema support.

 

Large specs are at the lowest levels in years.

 

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Most silver is produced as a byproduct of copper, gold, lead and zinc refining.

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