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Morning Buygold, Think Maybe It’s Shanghai ? Their Silver Exchange Opened Today !

Posted by Farmboy @ 8:20 on April 19, 2016  

” One reason is that the dollar is weakening. Another reason is that there is heavy buying in silver in Shanghai, and that has triggered buying in gold as well,” said Ronald Leung, chief dealer at Lee Cheong Gold Dealers in Hong Kong. “

http://www.reuters.com/article/global-precious-idUSL3N17M2NW

” “We’ve seen some good fund buying that triggered stops through the recent highs in silver, which eventually spilt over into gold as the move gained momentum,” said David Govett, head of precious metals at broker Marex Spectron Group in London. “Will silver continue to outperform gold? If stock markets stay firm or move up then yes, if they slump, then no.”

http://www.bloomberg.com/news/articles/2016-04-19/gold-drops-as-fed-s-rosengren-sees-healthy-u-s-stocks-advance

Silver High

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.