Silver Prices This Week Will Rally Thanks to This Indicator
February 27, 2018 at 14:54 PM EST
Silver prices hit a stumbling block last week, as both the U.S. Dollar Index (DXY) and 10-year Treasury yield rose and created significant resistance. It's traditional Wall Street wisdom that higher bond yields and a strong dollar prevent silver prices from rising. However, it looks like this time may be the exception to the rule. In fact, I've identified an indicator that suggests silver is positioned for a significant rally in the near term. Here's a look at silver's performance over the last week and the movers behind its imminent rally... Tags: Silver Prices To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Silver Prices This Week Will Rally Thanks to This Indicator appeared first on Money Morning - We Make Investing Profitable .