TD Securities takes tactical short in silver, looks for $17

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TD Securities takes tactical short in silver, looks for $17
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TD Securities takes tactical short in silver, looks for $17 kitconews gold silver finance investing mining economics metals

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In a note Wednesday, the Canadian bank announced it was taking a tactical short position in silver, looking for prices to fall to $17 an ounce within the next two months. At the same time, TDS expects gold prices to drag down silver as the Federal Reserve aggressively tightens interest rates.

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