Volatile Performance Expected for Silver

Long Tail

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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