The Case for a Silver Price Rally – Gold Silver Reports

MCX Silver Tips: Buy MCX September Silver Futures at Rs 81,200—81,000 with a stop loss

White metal Updates – Despite all the bearish developments that we described in the previous analyses, and despite myriads of bearish factors that remain in place for the following months, it seems that the white metal is about to rally. Gold, and mining stocks could move higher as well, and we’ll move to that shortly. For now, let’s talk silver.

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Powell Analysis: Fed may cut rates in 2020, but the dollar moves to Trump’s tune

The central bank is ready to respond to a slowdown – or “material reassessment.” That is the critical part from the prepared remarks that Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, has prepared for his testimony. The Fed is content with the current state of the US economy and with its policy – but is ready to cut interest rates once again. That may happen in 2020.

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