– Silver has been basically in a “volatility depression” (see chart)
– Volatility has been “slowly decreasing over time … for years now”
– Silver is “forming some sort of base” and “it is due for a massive break out” and this should “pull gold up with it”
So what is next for the price of silver? Are we going to see a further leg down in the price or will it rally from here?
Today we bring you the last in a series of short videos from an interview between Stephen Flood CEO of GoldCore.com and Carley Garner of DeCarleyTrading.com
Watch these videos and more on our YouTube channel here
News and Commentary
Gold falls as new trade tariffs, rate-hike views buoy dollar (Reuters.com)
Bears pile into gold, but it could be at exactly the wrong time (CNBC.com)
Fed officials worry that the trade war poses the biggest threat to ‘strong’ economy (CNBC.com)
Fed officials suggest rates likely to rise soon, worry about trade war (Reuters.com)
Russian Central Bank Buys More Gold in Face of Tougher Sanctions (Bloomberg.com)
Source: Bloomberg.com
Wall Street Isn’t Ruling Out a Trump Move to Weaken the Dollar (Bloomberg.com)
Paul Craig Roberts Reflects On “The Genocide Of The Greek Nation”(Zerohedge.com)
Goldseek Radio Nugget: Bob Hoye & Chris Waltzek (Goldseek.com)
Why Silver Could Replace The Dollar (Silverseek.com)
Why the Next Silver Rally Will Be LIKE NEVER BEFORE (Silverseek.com)
Gold Prices (LBMA AM)
22 Aug: USD 1,196.85, GBP 928.25 & EUR 1,032.88 per ounce
21 Aug: USD 1,194.10, GBP 931.28 & EUR 1,036.12 per ounce
20 Aug: USD 1,188.75, GBP 933.29 & EUR 1,042.41 per ounce
17 Aug: USD 1,176.70, GBP 925.59 & EUR 1,032.79 per ounce
16 Aug: USD 1,179.65, GBP 928.38 & EUR 1,037.74 per ounce
15 Aug: USD 1,186.70, GBP 933.10 & EUR 1,047.74 per ounce
14 Aug: USD 1,195.30, GBP 935.32 & EUR 1,049.11 per ounce
Silver Prices (LBMA)
22 Aug: USD 14.81, GBP 11.49 & EUR 12.77 per ounce
21 Aug: USD 14.78, GBP 11.52 & EUR 12.83 per ounce
20 Aug: USD 14.76, GBP 11.57 & EUR 12.93 per ounce
17 Aug: USD 14.66, GBP 11.54 & EUR 12.87 per ounce
16 Aug: USD 14.61, GBP 11.51 & EUR 12.85 per ounce
15 Aug: USD 14.83, GBP 11.66 & EUR 13.10 per ounce
14 Aug: USD 15.04, GBP 11.77 & EUR 13.18 per ounce
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