There’s No Silver Lining to Precious Metals’ Slide

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On Wednesday we broke down commodities in different sectors and saw how precious is within the weak sectors, falling over 8% in a year.

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As commodities keep falling and the US Dollar keeps rising, the recent lack of investor appetite for precious metals doesn’t come as a surprise. Here is a quick visual breakdown of the significant weakness happening in the precious metals group, starting with the weakest of them: Silver.

 

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