maxvan1

Silver eyeing a breakout

Long
TVC:SILVER   CFDs on Silver (US$ / OZ)
Silver is eyeing a breakout.

There's a rough correlation between silver and the price of labor. I posted a different chart with this observation charted over many years.

The price of labor recently increased significantly. The price of silver will likely follow.

Long on $SLV. Short on $SPY.
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