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 & Silver Hover at Highs: Wait for Continued Break?
Gold and Silver Stocks Gain. Endeavour Silver up 9.5%; First Majestic Silver, Coeur Mining up 6%; Harmony Gold up 5% ---------- With global turmoil, is gold aiming beyond $3,500 this year? If gold standard is back, would you store physical gold or not? What's your target price for gold and silver? Will silver has more upsider potential?
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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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