I noticed that spot silver [1] and gold [2] have broken out of their narrow trading ranges. It is unusual for metals to make a big move like this at this time of year. (Summer has traditionally been a quiet time for the precious metals markets.) So this move might foreshadow a frantic market this coming Fall. As I often say: 1.) Silver will considerably out-perform gold in this bull market and 2.) Buy on the dips!
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Will the violence in Sonora, Mexico spill over into Arizona? [4]