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Hopefully a sustainable move and not some technical short squeeze. All good in the Stacker communityParabolic???View attachment 11724
Possibly...but how much patience? Silver stackers have beards of silver,loads so heavy can barely carry them and decades of false promises and hope...its price it was while back least gold has reached its ATH again and surpassed it, problem is no one want to buy, just silver at premium adding to weight we cant carry. Food and basic necessities in any aspect of life has increased multiple times but silver has slowly moved up,back and back to where it was...so far proving to be neither security or investment. We get excited for long shot that it returns to price was 10plus years ago and still isnt there. Hopes good but to blindly do so in such a world we live in especially these days can leave u weighted down,drowning in 1 underperforming asset class...thats spotted and lost its shine^^^ Patience needed grasshopper. Death of the USD loomes, and not so much as traders but country's are looking to dump their us$ reserves before they are left with a soggy basket of useless toilet paper. When panic sets in silver could blits gold as a % return.
many people bought into ever rising Chinese property market before covid, after covid they were foreclosed, lost all the cash and still owe the bank $$ and and left standing without much of anything, no metal holder. but bitcoin went up again.Possibly...but how much patience? Silver stackers have beards of silver,loads so heavy can barely carry them and decades of false promises and hope...its price it was while back least gold has reached its ATH again and surpassed it, problem is no one want to buy, just silver at premium adding to weight we cant carry. Food and basic necessities in any aspect of life has increased multiple times but silver has slowly moved up,back and back to where it was...so far proving to be neither security or investment. We get excited for long shot that it returns to price was 10plus years ago and still isnt there. Hopes good but to blindly do so in such a world we live in especially these days can leave u weighted down,drowning in 1 underperforming asset class...thats spotted and lost its shine
Look At These Shocking Price Targets For Gold & Silver! ...