“‘There are no signs of capitulation’ in gold price, silver price just yet: TD Securities” – Kitco #silver

TSI editor’s note: In a brief note written by Anna Golubova of Kitco.com, she quotes TD Securities as remaining generally optimistic on the precious metals market despite the recent pullback. According to TD Securities, “signs of capitulation following the retail-driven speculative fervor are scarce,” and “Data… suggests that few accounts liquidated their GLD ownership while even fewer liquidated SLV.” This would suggest that people aren’t selling into the correction, but taking the opportunity to buy the dip.

Continue reading at: https://www.kitco.com/news/2020-08-12/-There-are-no-signs-of-capitulation-in-gold-price-silver-price-just-yet-TD-Securities.html

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