Silver is getting hit from all directions. Signs of a slowdown in U.S. and Chinese manufacturing have
dimmed industrial-demand prospects for the metal, while the Federal Reserve signals it’s still on track to further raise U.S. interest rates. Hedge funds are fleeing as the outlook for higher rates curb the appeal of non-interest-bearing assets, helping push silver futures to 14 straight declines, the longest
slump since 1980.
Source: Bloomberg
Trader Bozhidar Arabadzhiev
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