This Past Week In Silver

August 24, 2013

Silver is giving short-term buy signals. Moreover, speculative Open Interest is rising, which suggests higher prices down the road.


SLV – on short term buy signal.        

On long term sell signal since 2011, but prices now approaching 200ema support.



Speculation on the increase but OI is lagging which is a divergence, worth watching.

During 1500s the Spaniards had taken 16,000,000 kilograms of silver from Peru.

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