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Silver Price Watch

It keeps going

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We're getting close!! This is the first time ABC Bullion spot price has been over $50

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just a little short of expectation 7.5% move, maybe the balance is left for next week
the move in square, X^2
 
How's that for a daily candle. It's not even a candle... Just a green block of goodness. Screenshot_2024-10-19-07-41-26-28_a068875e8d70110f8d1ec48729c67374.jpg
 
it has been an underwater world
now things are visible again
golden life jackets did not see silver, when they are afloat while silver are below water
 
Gold to Silver ratio is still 1:82 - we have a long way to go yet but we're off to a good start.
 
Silver at $50AUD could spark a similar 1980s run , but this time with an up to date internet, and media support that we didn't have back then. It could see a fast track to triple figures as past resistances a virtually non existant .... I'm wary of that $32 USD resistance and firmly believe it will come down and test it as a solid support. These days who knows with the BRICS play so many powerful countries wanting to jump in ! Very interesting times for silver.
 
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