Badassmofo

Buy the dip on Silver support line

Long
TVC:SILVER   CFDs on Silver (US$ / OZ)
Commodities are rapidly increasing in prices while the US govt continues to pump trillions of fiscal dollars into Biden's infrastructure plan & federal unemployment benefits. Also with feds fund rates kept at 0% and recent reported inflation at 5%, negative real rates should continue to provide strong support for monetary metals like gold/silver. Additionally with green initiatives like solar panels and EV requiring more silver for production, we can continue to see strong industrial demand in the near future too.
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