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Saturday, 04/03/2021 2:36:14 PM

Saturday, April 03, 2021 2:36:14 PM

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In recent history, the price of silver and gold has fluctuated daily and has been dictated by the value of the dollar and treasury yields. You don't even have to look at the spot price to know whether precious metals are up or down; you can just look at the dollar and yields. If they are stronger, precious metals are down.

Friday's employment numbers indicate a recovering economy and thus, increased demand. At what point, will increased demand begin to push and control the price of silver? I say silver, because it has an industrial demand component.

I think Monday will be interesting and might give us a hint about whether we can stop simply looking at the dollar and interest rates and start watching other economic indicators. Just my thoughts.

Happy Easter

Wolf