Phil Streible cautioned that silver's failure to surpass a critical resistance level could foreshadow a downward trend.
Movement away from gold after the election is thought to be temporary. Gold may benefit from the potential “chaos grenade” and other “aligned stars.”
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Phil Streible, Chief Market Strategist at Blue Line Futures LLC, highlights the potential impact of this escalating conflict on the precious metals market.
In a recent "Metals Minute" episode, Phil Streible discussed the recent surge in precious metals, particularly gold and silver.
Renowned economist James Rickards predicts gold could soar to $23,000 per ounce. In a recent interview, he warned of a potential global financial crisis.
JP Morgan analysts suggest sell-off is short term and the ‘debasement trade rumbles on’