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Silver update: Metals are looking better and better for the short-medium term

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Just a quick line: Premiums for ASE up a quarter, or about 3.25$ over spot ~ AGE premiums are stable or few bucks less. The PM’S sector, and I must say mining sector as well, are looking good also on the short-medium term:  I really think that the past few days we started to see the case for a double bottom, and it is almost confirmed at these levels.

At the end of the month we have the Chinese new year, between then and February gold and silver are posed for a more meaningful rally than we have seen so far.


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