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Silver & Crypto Are Snapping Higher Again Ahead Of Asian Open

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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…

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Ethereum is at almost #335…

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And Silver futures tagged $25…

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One question remains on Silver’s surge – is this pure levered speculation?

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Gold is marginally higher in the early trading.

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And the dollar is opening lower in early trading.


Source: zerohedge.com

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