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Precious Metals

“Silver Price Prediction – Price Slip Consolidating After Last Weeks Rally”

“…Silver prices moved lower on Monday following the surge seen on Friday. Resistance near the breakdown level at 24.42. Additional resistance is seen near the 200-day moving average at 25.85. Support is seen near the 10-day moving average at 23.61 and then near the August lows at 22.10. Prices are overbought as the fast stochastic is printing a reading of 82, above the overbought trigger level of 80 and could foreshadow a correction…”

https://finance.yahoo.com/news/silver-price-prediction-price-slip-212324555.html

A few months ago I invested a lot in silver. I invested in a mining company to be exact. To be honest I’m down at the moment but I think long term it will be a good investment. I find it strange this market is going down. To me it seems like the opposite should be happening. Oh well, it can’t be suppressed for ever. I’ll hold 10 years if I have to.

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