Silver Takes the Elevator Down

Snippet: 
Silver has been falling for going on one year, but clearly since March 1. After one last hurrah at the end of March, it has been taking the elevator down. And by its fundamentals it should be quite a bit lower—0.0125. In any case, we are interested in watching what the fundamentals of the metals are doing. We will take a look at the graphs below, but first, the price and ratio charts.

Last week, we talked about the effect of the French election on the gold and silver markets, and noted:

 

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First published here: Silver Takes the Elevator Down

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