Silver maybe more than anything is a time bomb waiting to explode. You rarely get a prettier (and longer) basing phase than this one. This is the kind of base that can generate a monstrous move once the breakout occurs. It’s my opinion silver is finally ready to push through the 200 week moving average, hold above it, and turn it up for years to come. During the next 5-10 years I think silver not only recovers the all-time highs at $50 but breaks out above it and goes far beyond $50. If it has one more correction before breaking through the 200. That will be the final buying opportunity.

 

Original source: Smart Money Tracker

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