Gold and Silver both sold off as the U.S. 10-year yield surged to a fresh multi-decade high near 5.232%, but BMO Capital Markets’ new long-term forecasts show Silver trading nearly 30% above its structural anchor of $47, versus Gold sitting just 4% above its $4,000 anchor—leaving Silver far more exposed to a premium unwind.
The post Silver Has More Premium to Lose Than Gold as Yields Rise and Industrial Tightness Eases appeared first on ActionForex.
The longer Brent remains expensive, the tougher the Fed will be. The ECB will be cautious to avoid hurting the economy by raising rates. The US dollar has taken another step forward, driven by the Read more…
Dr. Li Li of Georgia Southern University explains “movement span,” the often-overlooked third dimension of longevity alongside lifespan and healthspan. He discusses how strength, balance, mobility and regular activity can help reduce fall risk, preserve Read more…
The excitement around space exploration company SpaceX leading into its initial public offering was only matched by the disappointment that happened shortly after its debut. After rocketing up to a post-IPO high of $225.64 days Read more…