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Video: Silver in Middle of Week September 7-11, 2020

September 9, 2020 at 9:31 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 September 7–11, 2020. He starts the video by reminding that silver was range-bound lately, though he also mentions that hedge funds and money managers increased their net long positions on the metal last week. Phil next advises traders to watch for the gold-silver ratio as well as the dollar index. He also says that policy meetings of the European Central Bank this week and the FOMC next week will be the most important market drivers in the near future, followed by the US presidential elections in a couple of months.

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