Like a thief in the night, the prices of the money pierced $ 35 / OZ. The last time Silver broke this range, it took about 6 weeks to exchange $ 50 / Oz, notes the main strategist of TDS raw materials, Daniel Ghali.
No guarantee in the silver rally while the ETFs flow near the extremes
“We stressed that this break was 1) linked to flows motivated in the long term, 2) which were transgrated through several metals simultaneously, and 3) were exchanged on the session in Asia but does not seem linked to the greatest Chinese traders of Shfe Silver. There is nothing wrong with a good escape in the long term, but the psychologically relevant rupture to attract subsequent presentations persist for the persist. “.
“The positioning of Chinese merchants has remained cautious, adding only slightly to their books during the night session. And, while Global ETF Holdings of Silver Rose, especially during the last session, ending in their 98th centile, large entrances did not show a momentum in 52nd centile).”
“The London Silver markets only offer only an illusion of liquidity, which suggests that the continuous FNB entries could lead to a mini-squeeze, but explicit exemptions from tariff ingots have deferred our expectations for the wardrobe that you can buy. This break does not offer any warranty: to be water.”
