SLV has consolidated for a while in this bull flag. It seems the inflation data this week is helping it (and Gold) push higher. It did not work as an inflation trade last year but it looks like the next 12 months will be interesting. Even more interesting will be when it breaks through the resistance and climbs higher. In the 70's silver out paced Gold significantly during the higher inflation times. I am watching and adding this and gold to clients portfolio for the next 12+ months.
This is for information purposes only. It is not a recommendation to buy or sell.
This is for information purposes only. It is not a recommendation to buy or sell.