SIL - Silver Miners are now breaking out of a multi-year downtrend started in April 2011. Silver itself has little resistance on its way up to $21. The last time silver was at $19.50, SIL was in the $38 to $44 range. Now is the chance for silver miners to finally catch up in value to the silver price.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.