GLDI - Signs Of A Bottom In Gold And Silver Prices
- The U.S. dollar’s value is set to get diluted by another $1.9 trillion.
- The positive divergence in the HUI gold miners index is a bullish sign. It may indicate that a significant bottom is in, or in the process of forming, in gold and silver markets.
- Since peaking 7 months ago at over $2,000/oz, gold has trekked lower in a large corrective pattern.
- Silver is seeing a huge positive divergence via the physical versus the paper markets.
- The powerful dynamics of physical supply and demand will ultimately exert pressure on prices – perhaps putting a real “squeeze” on paper silver short sellers.
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Signs Of A Bottom In Gold And Silver Prices