STAFF NEWS & ANALYSIS
Gold and Silver Blast Higher, Subject to Fewer Manipulations
By Daily Bell Staff – July 02, 2016
Silver scores biggest weekly jump in almost 3 years … Silver futures logged their largest weekly climb since 2013 Friday, hitting a nearly 22-month high as the U.S. dollar softened and investors continued to search for safety. -MarketWatch
Usually the mainstream media provides us with a variety of propaganda that distorts the truth.
But there was little in the way of distortion yesterday when gold and silver moved higher convincingly.
Gold moved up hard on Friday, reaching a nearly 22-month high while the US dollar subsided.
The silver SLV moved up some 6% on Friday even as bonds reached new lows.
At a $19.45 closing, silver will have gapped up the most since October 2015.
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