Is Silver Proving to be the Comeback Kid? - Veteran Trader
Gold and silver clocked another consecutive positive daily close
KITCO NEWS - Gold and silver closed in the green for another consecutive trading day and according to veteran trader Todd 'Bubba' Horwitz, the bottom's in, especially for silver. 'I think we're going to see a real nice pop up for silver in the next few days based on what's going on around the globe,' he told Kitco News Tuesday. 'You can be comfortable and safe buying here...these bear markets may be over in the metals.' July silver futures have closed higher for their fifth consecutive trading day, settling at $16.747 an ounce. Meanwhile, June gold clocked in a fourth consecutive positive daily close, settling the day at $1,236 an ounce.
This article was written by a staff member of TheStreet.
