the price of silver is currently making a major retrace, currently at $US 23.30/ oz.
this appears to be stemming from the consequences to the US economy as the proposed "tapering" kicks in (ie - slowing down of money printing and its release into the economy)
fears in the US are triggering a decrease in value of the $US, an increase in bond rates, and a sharp increase in the price of gold and silver.
does anyone have any thoughts as to how all this might play out with regard the price of silver ?
gk.
retrace in the price of silver
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$1.11 |
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Mkt cap ! $111.1M | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.11 | $1.11 | $11.45K | 10.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 818 | $1.10 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 7231 | 1 |
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