Should Silver’s Latest Dip Make You Cautious?

silver investing
Written by Mike Hammer
Silver dipped below 15 briefly in NY morning trading Wednesday, then soon recovered to finish the American day at 15.06.  Phew – close call, right?
Wrong.  Silver is again below 15 in morning NY trading, at 14.91 as I write this.
24 spot silver chart bid
(credit Kitco.com)
Last week I wrote about why I am cautious on silver right now. That sentiment still holds – despite all the reasons why silver should go up, it’s not.
You see, at the…
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About the author

Mike Hammer

Mike Hammer has had a wide-ranging career, with trading and investing as continuing themes. Mike graduated with a business degree and spent years as a financial advisor, before moving to New York and to pursue a career in IT and education. For more than a decade Mike has been working with the Adam Mesh Trading Group as a stock market and commodities mentor. He’s trained over 200 individuals, spoken at several national conventions, and is a frequent contributor to educational webinars.

Mike writes The Gold Enthusiast daily newsletter, runs the Golden Hammer trading service, and participates in the Mesh Private Portfolio. He also keeps a position in international education which keeps him in touch with "the student mindset".

Mike focuses on the precious metals markets, the energy industry, and the financial sector. His motto is "Plan your trade, then trade your plan!"

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