AYN 0.00% 0.1¢ alcyone resources ltd

Silver got smashed the other day.US dollar is heading...

  1. 230 Posts.
    Silver got smashed the other day.
    US dollar is heading upwards.
    Risk off trades increasing.
    It seems inevitable that PM's will head south.
    I'd say mid to high 7's will find support before heading upwards again......that my opinion anyway.

    Just thank the powers that be you have an opportunity to buy physical at sale prices now because the probability Silver will be higher in 6 or 12 months is way way higher than the price being lower.

    On another note.....I reckon everyone is also watching AAPL as a canary in the coalmine for a general market correction.
    2 red days in a row are making everyone nervous hence the risk off trades and back into the USD.
 
watchlist Created with Sketch. Add AYN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.