Silver is on fire in Asian trading this evening moving to a session high of $49.82 after which is rapidly dropped a full $1.00 in price before bouncing back over $49 again. It is extremely volatile right now and I mean “VOLATILE”. The price is swinging all over the place within mere seconds.
Its strength is helping to pull Gold higher as well which has gone on to hit a new all time high at $1518.40 as I write this.
What is remarkable about this is that the Dollar is actually higher this evening in Asian trade.