
Silver: Development of the Third Leg Up
This third leg up should bring a virtually continuous rise to about $ 19.5 in October. After a quick consolidation to $ 17, silver will resume its rise to its first goal, which is $ 21.
Read articleThis third leg up should bring a virtually continuous rise to about $ 19.5 in October. After a quick consolidation to $ 17, silver will resume its rise to its first goal, which is $ 21.
Read articleThere’s a powerful constant amid the to-and-fro of the U.S.-China trade war as currency policy gets dragged into the standoff between the world’s two top economies: Beijing wants more gold in its reserves.
Read articleConfidence and euphoria will turn to fear and despair. Once the market realises that this time central banks have no weapons left in their armoury and that money printing or lower rates have no effect, there will be real panic.
Read articleSilver 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.
Read articleSilver had risen to $ 50 in 1980 and I am expecting an identical increase towards $ 500 in the next years, in particular because of the RESET related to the Monetary Reform.
Read articleVery important changes will soon take place in markets with the 2007-9 crisis returning with a vengeance. The final phase up in US stocks could last a few weeks and most likely not more than 2 months. Thereafter a secular bear market will start that will be devastating for the world economy, the...
Read articleThe People’s Bank of China said Monday it raised reserves for a seventh month in June, adding 10.3 tons, following the inflow of almost 74 tons in the six months through May.
Read articleThe catalyst for the coming cataclysm in the world economy can come from anywhere, like Deutsche Bank, US junk bonds or Japan. Whatever the catalyst is, it will lead to panic in markets with confidence evaporating and fear setting in. Now is the time to prepare for this. It will soon be too late....
Read articleOn Tuesday after the close, the CFTC announced that Merrill Lynch Commodities (MLCI), a global commodities trading business, agreed to pay $25 million to resolve the government’s investigation into a multi-year scheme by MLCI precious metals traders to mislead the market for precious metals futur...
Read articleHaving found a solid base, silver will be able to develop the third leg of its bullish rally.
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