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Bullion Vault reported an interview with Trader Tracks editor Roger Wiegand.
Bullion Vault reported an interview with Trader Tracks editor Roger Wiegand.
Editor Roger Wiegand said:
The silver market got a good whack on the head when it went from $49/oz to $26/oz. When a market gets hit that hard, it usually takes six to eight months to come back. This morning, silver was $34.45/oz, with a lot of congestion between $30.48/oz and $34.48/oz. When silver can get past $34.48/oz, it should be a quick move to $36/oz, then $38/oz.
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