Silver and its signals

Silver caught the attention of many precious metals traders earlier this year when it outperformed gold in a quite sharp manner and broke above the declining long-term resistance line. Many investors and analysts were cheering and emphasizing silver breakout’s importance and silver’s leadership as something bullish for the precious metals market. We respectfully disagreed. It was the same case years ago (!) that silver’s outperformance signaled higher prices for the entire precious metals sector, but it wasn’t the case in the recent history – in fact, exactly the opposite was the case.

from RSS Silver Dynamic http://ift.tt/1JIl8ne