Silver’s recent peak was 2 months ago
December 13, 2024 Leave a comment
It’s a bunch of hoo-ha and noise at the extremes.
In my October 27, 2024 edition of Macro Extremes, I cited that the price of Silver (in USD and AUD) was registering overbought extremes.
Almost 2 months later, neither are trading above those respective highs of A$52.19 and US$34.87.
It’s not about shorting but rather about being careful buying when the ‘noise’ is the loudest.
December 13, 2024
rob@karriasset.com.au
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