chartsmaster

Three Weeks Or Three Months?

TVC:SILVER   실버 (US$ / OZ) CFDs
In the grand scheme of long term investing it really doesn't make much difference if it takes three more weeks or three more months for a breakout to take place. Either way, the years' long wait for the coming upside explosion in silver is weeks or months away. Take a look at a five year chart of silver and see the beautiful cup and handle. The longer the handle the bigger the breakout, once it comes. So although we want immediate gratification when we have accumulated a position and have waited so long already, it will be that more rewarding if it takes until July instead of April, before the real explosion occurs. I wouldn't want to bet against it happening sooner rather than later because you face the real risk of missing out. Just be patient and keep accumulating if it doesn't happen immediately. The longer the handle the bigger the move! BUY SILVER! Chartsmaster
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