Silver Bullet Breaks the Moving Averages

It’s been years since I’ve cared much about silver but at the May lows I cared enough to initiate and then add to a position in SLV. It’s not ownership of a precious metal. But it’s a vehicle I trust more than any and all silver miners; and besides, when it gets going it moves well enough that miner execution/political risk does not need to be taken on.

Silver is still trending down but the first step to changing that is what it is doing today.

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