With the Russia/Ukraine issue settling down to non war issue, the precious metal market seem to have relaxed and now focusing more on the USD/China market... or rather the lack of a market. China and India are now experiencing low growth and with china now closing in on their mega rich people in an effort to reduce corruption, precious metal which used to be love by them are now on low demand. Causing a downward stress on the metal. Recent USA market data is quite good, which show that their market is recovering and this is also putting downward stress on the metals. With a few of the major countries(US,UK) showing signs that they might be increasing their currency rates due to recovering economic strength, precious metal seem to have taken a back seat and now stocks are firmly in the driver seats. I would advise shorting the the precious metal or at least not to get involve in forex trading on pm. (I'm shorting till 1180USD for gold and 18USD for silver) Please be...
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