Lior agrees that the outlook for Gold and Silver is improving dramatically. Recent market action has resulted in a rebound.
In September mining stocks hit 52-week lows, and the regular markets are now entering bear market territory.
Inflation is on the rise and many states are hiking their minimum wage. Recent US Dollar strength is actually a bearish sign. Mining shares need several things to catch a bid.
They need interest rates to be trending lower, an unfavorable environment for the stock markets, indications of inflation, and unstable geopolitics.
- Source, Palisade Radio