Well, that's two in a row. Once again overnight, during the Chinese and London sessions, the prices of CDG and CDS were set upon with tremendous volatility, most of it to the downside. Though my concern was that I'd see much lower prices here in the US this morning, a rally back in gold and copper has helped to mitigate the damage in silver.
And if anything, we now have a very clear line of demarcation and resistance. See for yourself below. Over the past 36 hours, the price of Comex Digital Silver in the Jul24 contract has approached the $32.60 area on three occasions...and on...
