Silver has Still not Made its Move Up Above the Critical Moving Average

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Silver still holds the buy signal. But it is precarious as long as it sits below that moving average. It needs to make a move above $78 to make sure and confirm that it has solidified. I am cautiously optimistic that it can make that move over the next several days. The move up above that level should bring in more buying. This is all mystifying to me. I thought that both Silver and Gold were safe haven investments. These past couple of months they look more like penny stocks on a chart. Good luck to us.

submitted by /u/Beyondwest
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