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Silverseeks.com reports that Silver will lead the way.
Silverseeks.com reports that Silver will lead the way.
The editorial is quoted as saying:
When a stock or commodity, etc. moves sharply higher, this violates the idea of the fair price in the minds of most traders. Since late August, silver has moved up from $18 to $30. There is, therefore, a sense in their minds that silver is too high. The result, therefore, is that volume is reduced (because these potential buyers back off). Therefore, a normal take-off move does not occur on particularly high volume, and the most important thing about the move is how much price move you can get for the volume.