Silver Rises $0.70 on “Fundamentals” (or something)




Yes, big red candle followed by two big green candles occur at the same time: 6AM – 9AM PDT. Somewhere, a credit spigot opened…


Silver Euro


2 replies
  1. SMaturin says:

    Forbes has the right idea in terms of the need for gold as a yardstick, but leaving the management of that in the hands of the Fed means some omniscient central planner will be artificially determining the market value of a commodity.

    The failure of the gold standard was not lack of a proper yardstick. It was the failure of the government to adhere to the Constitution and use only gold and silver as redeemable currencies and legal tender.

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