Silversqueeze in the horizon?

2021년 5월 10일

If you have spent the tiniest amount of time on Fintwit you have probably come across excellent charts from Patrick Karim from Badcharts, fantastic mentoring and junior miner ideas from GoldVentures, Arcadia Economics ongoing battle with CFTC and bullion banks and TheHappyHawaiian DD write ups on WallstreetBets/ Reddit.
No need to dig into detail here, go to Twitter.

In short silver is lagging other commodities badly (trading at 50% of it 1980 value), and with WallstreetSilver making the younger generation aware of the fragility with Fiat money, more and more people have become aware of the idea.

As you can see from the Renko chart of Silver, a close above 28 can make for an explosive move up. Do your own research for how to play this, but Goldventures website can provide some interesting ideas.

2021년 5월 15일

노트

Watch Weekly MACD, positive break on Gold and Silver.

Will PMs get increased attention now that the cooler credit impulse in China is temporarily weighing on other commodities?

Silver target $40-45