Gold and silver are trading lower this week. It has been a rough August for silver, with spot...
Silver dropped 2.1% in July after falling 2.9% in June, but it's still up for the year after the huge rally silver experienced in April and May. With August a little more than halfway through, things are continuing to look up for silver now that it has recovered with renewed demand after the dip that shook up all markets earlier in the month.
So, while silver's performance seems set to strengthen by the end of summer, what will it take to send silver over the top and out of this narrow trading range?
Time will tell...
All year long, ASI has been telling the story of silver... and we urge you to act before silver moves up. Silver tends to lag behind gold, and then react explosively, overtaking gold in terms of gains. There's time before silver catches up to all-time highs, but that time is running out...
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