Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
See this roaring up in next few sessions
Strange dip in the price today , see this bouncing to 24-25 area in next few sessions .
GLA #
Yes see this going to£5 and then £7 in fairly quick order . Buckle in , Meggitt make the buckles .
Last trading day of the month for silver , it often drops at end of month ,then jumps first few days of next month , storm in a tea c.
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Or next week
Long term see dxy going very low 70-80 , short term since 6 Jan, dollar is finding support , not sure why .
Suits central banks to have a stronger dollar at the moment .
GLA
Your wrong on dollar it is finding support around current levels , i know its costing me a fortune .
Is gold rallying , testing support last time i looked.
Short term dollar is holding , it will probably go lower given time ,which will help precious metals .
This price action is just a shake out , demand will come in next week .
Think the ultra short term rally in us dollar and if it comes a dip on sp500, and the short term short covering cash requirements this presents , gives a buying opportunity on silver, at 24-25 , this will in my view be the last point of supply before a rally .
The silver paper and physical markets are so disconnected its madness, Bullion banks need the price lower to exit uncovered shorts. See silver getting to 39 on next leg up with a pause at 32. The only downward pressure on silver is from institutions, Joe public aint shorting . On comex and London physical market there is no shortage of 1000oz bars at all .
See silver being pushed down to 24 to shake out the new money coming in , be interesting where the the isa money gets dumped this year .
Tell all market seems to like your news
Can you Prove your claims . If so show us .