The move we saw in Silver early this week to new 6-year high price levels, above $22.60, is quite likely the biggest upside move in Silver since the bottom in March 2020 – after the US stock market collapsed because of the COVID-19 virus event. This new rally in Silver is likely the move we’ve been suggesting to our followers relating to a series of measured upside price moves totaling approximately $5.30 in each advance.
We wrote about these measured price moves in Gold and Silver in this article – Click Here
As traders, watching bonds accelerate moderately higher as the US Dollar falls and the stock market attempts new lofty levels, we are intrigued by the move in metals because it suggests a large segment of investors believe a bubble is nearing very peak valuation levels. The only reason metals, particularly Silver, would be accelerating as it has recently is that traders have suddenly adopted a stronger demand for second stage hedging of risk....Continue Reading Here.
We focus on Gold, Oil, Silver, Index & Sector ETFs. When following our technical analysis and proven ETF trading strategy, trades become very clear and simple to execute
Sunday, July 26, 2020
Friday, July 3, 2020
The War on Gold 2020: Emergency Briefing
Marin Katusa details how you position your gold stock portfolio right now
will have a huge impact on your wealth in the coming gold bull market
- Why gold was already in a bull market BEFORE the pandemic swept the world…
- How you should prepare (and how I’m preparing) for a gold price shock…
- 4 flashing signals that show why gold is set to soar…
- A HUGE secret of the gold market the mainstream financial media has no idea about (Hint: these are the gold stocks you must avoid buying at all costs)…
- The 6 best gold stocks to own right now
- Details on a big Gold private placement Marin is working on
Labels:
crisis,
gold,
Marin Katusa,
portfolio,
precious metals,
Silver,
stocks
Subscribe to:
Posts (Atom)