Seeking Alpha reported the results of an ECB meeting on Friday may result in higher gold, silver and platinum prices.
As quoted in the market news:
Gold, silver and platinum are about to become massive beneficiaries of eurozone monetary easing. If the ECB does what I think it will do, all three metals are likely to take off over the next few months, starting with a very large short squeeze. The velocity of price increase may well progress at a rate never seen before, over such a short period of time. Given market tightness and the fact that central banks have a hard time supplying the physical commodity, silver is likely to rise fastest, at least in the short term (before the end of August).
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