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home / news releases / WGLD - Gold And Silver: Breaking Out? Or Fundamentals Breaking Down?


WGLD - Gold And Silver: Breaking Out? Or Fundamentals Breaking Down?

  • Two weeks ago, we published 'This is NOT the Silver Breakout You’re Looking For'. The silver price had gone from $24 to over $26 and the gold price was up about $50/oz over the same period.
  • But since then, it is back up to almost the same level. Is this time different, is this move now driven by stackers of physical metal?
  • What’s our take on this price behavior? The fundamentals don’t look to be strengthening. It’s just churn.

For further details see:

Gold And Silver: Breaking Out? Or Fundamentals Breaking Down?
Stock Information

Company Name: Units fractional undivided beneficial interest
Stock Symbol: WGLD
Market: NYSE

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