majicktrader

Silver Stonking - thanks to stimulus hopes

OANDA:XAGUSD   Silver / U.S. Dollar
Silver is having a great month up 14% since its open at $22.66. (Gold up 5.7%) Prices hit a high of $26.10 during last night's London session with a bit of profit taking today during Asia. US Congress is still promising a deal before month end and have said they will work over the weekend to get it done. This may further spike prices of the precious metal when it is announced, although its likely most of the gains are likely priced in.

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