Silver & Crypto Are Snapping Higher Again Ahead Of Asian Open
Tyler Durden
Mon, 07/27/2020 – 18:33
Whether in anticipation of Robinhooders using their soon-to-be-delivered new stimulus checks to lever into precious metals and crypto (or all the reasons in the world a weak dollar and flight to non-fiat), cryptos and PMs are lurching higher once again in the pre-Asian open.
Bitcoin is nearing $11,500…
Ethereum is at almost #335…
And Silver futures tagged $25…
One question remains on Silver’s surge – is this pure levered speculation?
Gold is marginally higher in the early trading.
And the dollar is opening lower in early trading.
via ZeroHedge News https://ift.tt/302xLqF Tyler Durden