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In this clip from today’s edition of The Macro Show, Hedgeye CEO Keith McCullough gives his Risk Ranges™ for both Gold and Silver, breaking down the macro signals which point to a potential breakout from here. Importantly however, he hits on why he’s not buying silver right now.

"We're not in the business of trying to make a bull case for anything. If something has bullish TRADE & TREND, with higher-highs in the Risk Range and higher-lows above the Trade & Trend line, then those are the things I want to be long.”

McCullough: Silver’s Been Horrible (But It Could Breakout) - Youtube Banner copy