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Video: Silver in Middle of Week August 24-28, 2020

August 26, 2020 at 7:15 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 August 24–28, 2020. He starts the video by mentioning that hedge funds and money managers increased their net long positions last week, while prices were generally moving in the $26-$27 range. He then advises watching the gold-silver ratio and performance of the US dollar. Phil also reminds that Federal Reserve Chairman Jerome Powell will speak at the Jackson Hole symposium later this week, and markets may have a strong reaction to his comments.

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