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Asian Metals Market Update: May-01-2017

Monday, May 1, 2017 12:57

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news.goldseek.com / By: Chintan Karnani, Insignia Consultants / 1 May 2017

The next ten trading days will be a big week or two for all investors and traders. Economic and politics are all there. Implications will be there for the short term as well as long term. Gold and silver are technically bearish. Copper and crude oil are in a neutral zone. Euro and cable are bullish against the US dollar. The Japanese Yen is bearish against the US dollar. It remains to be seen if the current trend continue till next week or we will see a new trend.

Ignore Trump. In the next two months, other than war with nations, I do not foresee any big laws getting passed by him. Either the American courts will stop Trump laws or republicans will block Trump’s proposed legislation. Every elected American politician has some direct or indirect financial interest in war so they are happy whenever America engages in war.

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The post Asian Metals Market Update: May-01-2017 appeared first on Silver For The People.

Source: http://silveristhenew.com/2017/05/01/asian-metals-market-update-may-01-2017/

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