By Turd Ferguson | Monday, May 15, 2017 at 10:42 am
After finding a bottom near $16 again last week, the bounceback in Comex Digital Silver continues today with prices up nearly 2%. Since we discussed the possibility of this last week, it's nice to see it playing out this morning.
By Turd Ferguson | Friday, May 12, 2017 at 11:07 am
When we attempted to anticipate the bottom back on Tuesday, the notion of ending the week back above $16.50 in CDS seemed far-fetched. However, prices have stabilized and with today's continued stream of poor economic data, we actually have a shot!
By Turd Ferguson | Thursday, May 11, 2017 at 11:02 am
Some stability emerges today as the USDJPY is sagging despite the ridiculous jobless claims, PPI numbers and Fed Goon posturing. Perhaps this shift in sentiment will finally allow this latest siege of metals prices to come to an end.
By Turd Ferguson | Monday, May 8, 2017 at 10:16 am
After a brief rally last evening, the Comex metals have turned down in early trading Monday, leaving us to wonder if this might be the 15th consecutive down day for CDS and, if so, what levels might be coming next.
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