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Re: bigworld post# 741

Monday, 05/09/2022 2:18:51 PM

Monday, May 09, 2022 2:18:51 PM

Post# of 2599
Fwiw, silver is close to breaking key support (Sept, Dec 2021 lows). There is also a broader band of support that includes lows from 2020 and 2022, which makes failure of this support area more significant.

During the March 2020 Covid collapse, silver briefly plunged by approx 37%, which turned out to be a huge buying opportunity. So far silver is down ~ 21% from its 2021 highs.

Gold has held up a lot better, down only ~ 7% from the March highs, though the gold ETF (GLD) is down ~ 11%.



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