Silver at a Critical Juncture
Topic: Silver Mining Companies, Silver — September 13th, 2009
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As we can see from the chart above silver prices are looking a tad overbought. They have been playing catch up with their big brother gold of late and may now need to take a breather. However golds influence is huge and should it go on to take out its previous high of $1033/oz the door will open for a seriously good rally. Silver will no doubt join in the rally regardless of technical analysis and what the charts say (read more…)
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