November 17, 2023 - (Gold Market Wire) - The Gold market is consolidating its gains, and digging in a new foundation, on the back of the Silver surge. As is very often the case with significant Gold moves, they are foreshadowed by a solid Silver move higher We have just that, and it is giving us confirmation that Gold is starting a new ascent to higher highs. The Silver move inspires confidence.

What a week it has been. The drop-out on Monday was quickly recovered, and in the short space of a week, we are a full 10% higher. That's the Silver market for you. Never a dull moment.

Silver synthesizes the aims of the Gold trading community, because it provides leverage, and it gaps up and down, and allows the traders to have their fun - usually at the expense of the public, who try and dip their toe in and usually get their leg bit off at the knee as a result. Leverage/Margin in Silver is a death wish, so we keep it small. Silver is a thin market - but there are some serious professionals in it. Shark-infested waters, guarding some of the most delectable fish. Swim at your own risk.

P.S.- after some soothing music for a tired Gold Bull's ears? Try the chart below. The Gold/Silver ratio.