Commodity Blog

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Video: Silver in Middle of Week April 20-24

April 22, 2020 at 6:42 by Vladimir Vyun

In the present video, Phil Carr from The Gold and Silver Club talks about silver in the middle of the week of April 20–24, 2020. He explains the reasons for being bearish on the white metal. Among them are the cyclical performance of precious metals and safe-haven inflows into the dollar. Phil also mentions that margin calls after crude oil tanked below $0 caused the liquidation of profitable positions for many traders.

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