from King World News
Here is a look at what is happening with silver and the US dollar.
May 13 (King World News) – James Turk: No winner yet as silver’s coiled spring tightens. Will manipulators force silver lower like last time (blue oval), or will silver finally break out & head to $50 as its 1st stop on the way to the moon as US dollar purchasing power erodes from inflation and other ills? We’ll soon see.
[…] Citi: Room For Tactical Dollar Rally
Naveen Nair at Citi: There could be further room for a tactical uptick in DXY even after the rally overnight. The signal we had flagged two weeks ago (the crossover in weekly momentum) suggests we could see ~103 in DXY at the minimum, while a move towards the 200d MA at 104.27 is also on the cards.