Silver is eyeing a breakout.
There's a rough correlation between silver and the price of labor. I posted a different chart with this observation charted over many years.
The price of labor recently increased significantly. The price of silver will likely follow.
Long on $SLV. Short on $SPY.
There's a rough correlation between silver and the price of labor. I posted a different chart with this observation charted over many years.
The price of labor recently increased significantly. The price of silver will likely follow.
Long on $SLV. Short on $SPY.
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