Since the beginning of the week we have been neglecting one very important and very growing asset. One can even say that there was an explosion of the price across several years. I am talking about silver. This metal is not getting tired of surprising us with price surges so here we are again. At the highest price point since April, 2017. Yes. While we were focused on dollar and trade war silver has assumed the role of safe haven and just like gold found its strength in difficult times. There are not many assets that can do that is such a short span of time, but silver somehow managed.
Just look at this surge. This is the movement of silver in the last 3 days. Since last Friday we have been looking the wrong way and even though silver has gone through some retracement, there is no doubt that we are going to see more and more growth through the next couple of days. This growth comes to us with all the commodities growing in general. Oil and gold are gaining more and more points and it is good that silver didn’t shy away from the growth as well. Market experts say that it is likely that we should see more of the gain from the metal.
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