Silver Futures Market Assistance – Precious Metals Supply and Demand

Jon Alternative Media, Gold, Market Commentary, Precious Metals, Silver

Silver Is Pushed Up Again
This week, the prices of the metals moved up on Monday. Then the gold price went sideways for the rest of the week, but the silver price jumped on Friday.
Is this the rocket ship to $50? Will Trump’s stimulus plan push up the price of silver? Or just push silver speculators to push up the price, at their own expense, again?
This will again be a brief Report this week, as we are busy working on something new and big. And Keith is on the road, in New York and Miami.
Gold Fundamentals Improve Further
Below, we will show the only true picture of the gold and silver supply and demand fundamentals. But first, the price and ratio charts.
Next, this is a graph of the gold price measured in silver, otherwise known as the gold to silver ratio. It fell this week.
For each metal, we will look at a graph of the basis and co-basis overlaid with the price of the dollar in terms of the respective metal. It will make it easier to provide brief commentary. The dollar will be represented in green, the basis in blue and co-basis in red.

This post was published at Acting-Man on February 15, 2017.