Silver - Moving to the fast track. Since February 14th, precious metal prices have been surging strongly and almost continuously. During this period, the price of gold has been setting new all-time highs almost daily until Friday 12th of April. [...]
Silver - Tenacious consolidation continues After the significant peak on December 4th, 2023, at USD 25.91, silver prices corrected around 15.5% over the following seven weeks. Since then, the silver market is stuck in a persistent consolidation phase, characterized by [...]
Silver - No sustainable trend reversal so far Since the last significant peak on December 4th, 2023, at USD 25.91, the silver price experienced a 15.3% sell-off in two waves over six weeks, reaching a low at USD 21.91, so [...]
Silver - Moderate Interim Correction With the sharp sell-off starting at the end of September, followed by a multi-day bottoming phase and a substantial recovery (+14.6%) in the first weeks of October, it seemed as though the five-month correction in the [...]
Silver - Pullback could bring another buying opportunity After experiencing a 15.4% decline from USD 26.12 on May 5th, 2023, down to USD 22.09 on June 23rd, silver has made an impressive recovery over the past four weeks. Actually, prices [...]
Silver - Second leg down brings new opportunities. As anticipated, gold and silver prices have been undergoing a correction for the past seven weeks. In this process, gold has been moving lower. Mainly in a sluggish and somewhat confused manner, [...]
Silver - Short-term recovery, but no final low yet After an impressive six-month recovery rally, precious metal prices reached a significant high on May 3rd. While the spot gold narrowly missed its all-time high of USD 2,075, settling at USD [...]
Silver - Consolidation at elevated levels. While more and more U.S. banks are reeled from a crisis in confidence, the 2nd largest bank failure ever has already taken place just this weekend. In fact, the 10 USD billion financing by [...]
Silver - Just before the next turning point Parallel to the overdue correction in the U.S. dollar and a strong recovery in the equity markets, precious metals rose significantly over the last five weeks. Starting from a triple bottom around [...]
Silver - Questionable relative strength The financial markets are firmly in the stranglehold of the bears. Obviously, precious metal prices can not escape this. While in midsummer a respectable sector-wide recovery succeeded, gold and silver prices came under severe pressure [...]
