Re: US mint suspends production of silver eagles-again
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If you are doing speculative trading on silver, I would not expect to stay in positions for the next two to three months and not expect a pullback.
I think Jon’s charts reinforce what I have been seeing since August. Every time there is the slightest pullback, demand picks up and prices recover in a matter of days/weeks especially for silver. With the next target being $32 for silver, I would not be surprised to see another high form and then a pullback. IMHO the next pullback might be > 5% based on the rapid rise.