• Silver's Time Is Coming

    27 days ago - By ETF Daily News

    From Streetwise Reports : Technical analyst Clive Maund charts silver and discusses the factors that he believes will lead silver upward.
    Unlike gold and precious metals stocks, silver did not break out strongly on Thursday - although it rose, it did not break out at all, nor was volume exceptional, as we can see on its latest 6-month chart below. However, this is not a cause for concern, because in the early stages of sector bull markets gold leads, so we can expect silver to “follow suit” shortly. This is worth knowing, because it means that it is still possible to pick up a lot of...
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  • The Seven-Year Bear Market For Gold Might Be Over

    The Seven-Year Bear Market For Gold Might Be Over

    28 days ago - By ETF Daily News

    From Streetwise Reports : Technical analyst Clive Maund uses charts to explain why he believes the gold bear market is over.
    Thursday was a momentous day for the precious metals sector with gold, GDX and other índices, and giant gold ETF, GLD all breaking out on impressive volume, and this development was all the more extraordinary because it happened when the broad stock market was crashing. This is viewed as a strong sign that instead of being dragged lower still by a crashing stock market, the precious metals sector will soar. Silver hasn't broken out yet, but it should soon follow...
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