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2nd September – Silver busts to fresh highs as US closed for Labor day
In this morning's edition of the MPCMarkets Morning Call, Mark discusses the current state of the markets, focusingon commodities, particularly the surge in silver prices, and the implicationsof economic indicators such as credit card debt levels. He also explores thefuture outlook for precious metals and the potential impact of upcoming payrolldata and congressional actions on the markets.
Takeaways
Silver has reached fresh 15-yearhighs, indicating strong demand.
Credit card debt in the US is at a14-year high, signaling potential consumer issues.
The gold-silver ratio suggestssilver is…
The skinny
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