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Commodities

The commodity that has caught our attention the most over the last couple of weeks is precious metal silver although gold hasn’t yet managed to regain its mojo in quite the same manner. In our opinion, as bond yields approach a top and the $US a similar inflection point the backdrop will grow for a strong recovery by the likes of gold & silver with the latter already starting to shine.

  • We can see at the very least a ~10% bounce by silver with the potentially far more.
MM is now bullish silver at least short-term
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Silver ($US/oz)
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