Silver Continues To Impress with Gold and the Miners Catching a Bid

in steemsilvergold •  5 months ago 

Screenshot_2019-09-04 Silver Futures Price - Investing com.png

Might as well start with the shooting star of the show - SILVER.

Silver continues to defy gravity as it vaults higher. The market is a bit ahead of itself but for all stackers lets enjoy this ride. To think one year ago the price of silver was sub $14.00 and today it is above $19.00.


And some people call it JUNK!

Screenshot_2019-09-04 Gold Futures Price - Investing com.png

Gold trying to breakout to another level higher.

Screenshot_2019-09-04 iShares Silver Trust (SLV) Interactive Stock Chart.png

The HUI closed with another high (on a close basis) at 235.76 for the move that began at the end of May when the HUI was at the 150.55 level. Just with my fuzzy math it looks like a +50% gain in 3 months!

Peace out and stack on!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

The telling question is did you get on the rocket?

You will see from my investing journal posts that I have been writing about it since June 2019

Stacker of silver for decades! Stock jobber in mining shares both short and long for twenty years. I was short the mining shares up until early June and have only been long since. This should be a very interesting month as towards the end of September we may see a temporary high in gold and the mining shares. Physical silver may be another story.