Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goose94 who wrote (24335)	1/6/2017 3:07:37 PM
From: Goose94	Read Replies (1) of 203540

Could Silvers Bottom be in Place? Perhaps no other metal has the investor following that silver has created, along with the allure of possibilities once a bull market gets going. Recently, silver has forged out an impressive 4% gain year-to-date with only 6 days into the year, and many traders believe this is the tip of the iceberg. Of course, strong arguments are made that the FED will be extremely aggressive in it's policy stance with interest rates and 2 or 3 rates already cooked in the books. My suspicions are that we are more likely to see just 2 rather than 3. I base this on the assumption that the FED neither wants to raise rates to jeopardize the housing recovery, nor wants to jar the stock market rally. However, a correction in the stock market may be received as another breath of fresh air for metals with the dow struggling to reach 20,000. Another driving force has been the cash grabs in India and Venezuela, and a steady flow of capital into crypto currencies like Bitcoin. But with bitcoin north of $1000 it may have priced itself too high and funds may flow into other safe havens like silver. Phillip Streible

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next