Weak Rally & Impact Of News
A discussion and a look at the short-term charts for gold and silver. Here is also a comparison of the gold stocks, which really haven't moved, to the slow rise in gold. As for Silver, there is the potential of the metals setting up a bear flag in the short-term.
The big picture is key here as we discuss the current environment of higher than expected inflation data paired with lower interest rates. This is typically an environment where precious metals do very well. However, it’s all about markets being forward-looking, and this spike in inflation already priced in thanks to the major pop in commodities last year and early this year.
Video Length: 00:14:23
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