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Silver Soars To 10-Month Highs, Gold-Ratio Continues To Plunge

Tuesday, April 19, 2016 6:58
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zerohedge.com / by Tyler Durden / 04/19/2016 08:06 -0400

It appears a combination of Rosengren’s comments (panic-jawboning about rates raises policy error fears), positioning unwinds (commercial hedgers covering), and gold/silver ratio compression has sparked a surge in both silver (10-month highs) and gold (back above 50dma) overnight.

The overnight spike…

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The post Silver Soars To 10-Month Highs, Gold-Ratio Continues To Plunge appeared first on Silver For The People.

Thanks to BrotherJohnF



Source: http://silveristhenew.com/2016/04/19/silver-soars-to-10-month-highs-gold-ratio-continues-to-plunge/

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