The Conversation (0)
Mineweb reported that the silver demand/supply scenario may be leaning towards an undersupply position.
Mineweb reported that the silver demand/supply scenario may be leaning towards an undersupply position.
As quoted in the market news:
Silver currently exhibits a very intriguing set of market conditions. From a technical perspective, few charts are able to develop the pressurized conditions now visible in silver. Exactly one year ago, silver began a violent three phase consolidation. We now suspect that this consolidation is nearing completion.