Silver Trend Break

15 ביוני 2020

Silver breaking the uptrend. Second wave of virus is accelerating in both the US and Beijing. Protests around the world only increase the probability of a meaningful second wave. This is deflationary and bad for silver. USD proved it is still the safe-haven this past week. Even with the virus risk the 'worst' in the US. USD still rallies on the global asset sell-off. Silver short, long Treasuries, probably the same trade.