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Alasdair Macleod highlights that the confirmation of a historic bottom for silver and mining stocks depends on two specific price levels.
The commentary indicates the importance of monitoring these price points to assess market direction in silver and mining equities.
Macleod previously reported that China is offering gold accumulation accounts for $21 trillion in bank deposits. He has also noted that open interest in gold and silver dropped to its lowest level in more than ten years earlier this year. These developments provide context for his ongoing observations on precious metals markets.