Are Silver Prices Ready to Break Out?

Silver Investing

The Street Reports that gold prices were looking for direction Monday while silver prices plowed higher.

The Street Reports that gold prices were looking for direction Monday while silver prices plowed higher.

The market news is quoted as saying:

“Right now we are near a breakout. It could take place,” says David Morgan, founder of Silver-Investor.com. “Silver is as tight as I have ever seen it, physically … As long as the holders of physical silver are unwilling to part with it at $30 … any new buying is going to take the price higher.”

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