Silver remains in an uptrend with buyers eyeing pullbacks as entry points, especially near $33.33, while a breakout above $35 could signal a major move higher.
Stocks were in risk on mode today, rallying for much of the day, squeezing the shorts who had taken defensive positions ahead of Donald's pronouncements on tariffs.
Silver is up more than gold – outperforming it on an immediate-term basis. At the same time, miners are down. This is a classic short-term sell signal.
With global markets on edge and central banks shifting strategy, this is one of the most critical times in history for investors in money, metals, and mining.
Silver oscillates in a narrow trading band following the previous day's good two-way price moves, though it holds above the $34.00 mark through the Asian session on Tuesday.
Whether you’re a seasoned investor or a novice, understanding what’s driving this squeeze is critical. In this video, we break down the forces at play.
Gold recently ripped through $3,000 an ounce, and that trade was a home run. The question now is: What’s next? Taking a closer look at the iShares Silver Trust (SLV) may reveal the answer.
Gold surged to $3,085, silver jumped to $34.15, but is the silver squeeze real or fantasy? Trump’s explosive tariffs, Kentucky’s stunning veto override, Fed folding rumors, GameStop’s bizarre Bitcoin bet, and why the economy is quietly cracking.
After a bullish month, it will be interesting to see how Monday will close. Probably March will close as a bullish; we have one more day in this month - Monday - to see how the price will behave.
