What does this common statement on (silverseek.com) mean?...
Posted: Sun Sep 23, 2012 12:02 pm
Every work day morning I go to the website silverseek.com and I read the early morning Silver Market Report. And the one phrase that appears the most often each morning is, "Silver should consolidate with a stronger bias, today in New York". I've always assumed this means silver should rise in value today but the word "consolidate" somewhat confuses me. Any help translating this phrase to us simple stackers would be appreciated.