Silver! Can you get a better technical chart than this?

BrianTycangco鄭彥渊
2024-05-20

Hi, ho, #silver! Can you get a better technical chart than this?

$SLV $PSLV $PAAS $WPM $RGLD $HL

$iShares Silver Trust(SLV)$ $Sprott Physical Silver Trust(PSLV)$ $Pan American Silver(PAAS)$ $Wheaton Precious Metals(WPM)$ $Royal(RGLD)$ $Hecla Mining(HL)$

Wow. Next stop 35 it seems. We anticipated this situation unfolding early on in @Stansberry Commodity Supercycles.

Silver stored in the LBMA continues to decline.

There simply aren't enough new major discoveries being made (and not enough new investments) to satisfy demand coming from investment, jewelry, and industrial applications combined.

We're due for our 6th straight year of supply deficit in the silver market.

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Gold All Time High Again! Will it Reach $3000 in Feb.?
Citi has raised this short-term (0-3 months) target to $3,000 per ounce while maintaining its 6-12 month target at $3,000 per ounce. ---------------- How do you view? Is gold to expensive to add? At what price would you buy gold futures or jewelry?
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Comments

  • chenzun557
    2024-05-20
    chenzun557
    I don't understand at all, I'm really new to this world
  • kooko
    2024-05-20
    kooko
    Great analysis, mate!
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