Silver Price Watch
- Thread starter STKR
- Start date
35
I get all my analysis from youtubes that have a montage (we need a montage) of successful young people from diverse backgrounds all having meetings and tapping on clear perspex monitors with focused intent and having ernest and thoughtful business conversations about what to do with their trillion dollar windfall from buying a tube of ase's and some extra ar15 munition to stash with their canned meats in that creaky floorboard under the rockin chair.
Do we test $26 again? We could easily see $28 but If this is a longer monthly correction, I think we could easily see $26...
I have strong faith in Silver's fundamentals and hold a long-term outlook, but the lagging of silver is really bothering me. I'm not desperate for it to go up because of I want a financial return - I've always been prepared to be patient for silver to reach it's true value. What bothers me is just how broken the system has become to allow silver to lag in this environment, and the level of intervention required to keep silver suppressed.
Many people turn away from Silver because of its lackluster performance, but all it does is make me question WHY it's so important to keep the price suppressed? It's not about money/currency, it has to be about control. It has to be about preventing physical acquisition of the metal and sustaining global order. I mean, what does a real physical silver shortage look like in today's world? The entire system is dependant on this one precious metal to keep the cogs turning.
Due to our absolute dependence on the metal, the rapid rise in Silver's value would re-establish silver as precious metal with monetary significance. I sense the the current interventions are more desperate than any time in history since the removal of Silver from our coinage. I think silver will continue to be pushed down to a point that it establishes a price floor of which it will never return to. I reckon we're in for a series of "buy the dip" plays that will present opportunities we'll never see again in the silver space.
I have strong faith in Silver's fundamentals and hold a long-term outlook, but the lagging of silver is really bothering me. I'm not desperate for it to go up because of I want a financial return - I've always been prepared to be patient for silver to reach it's true value. What bothers me is just how broken the system has become to allow silver to lag in this environment, and the level of intervention required to keep silver suppressed.
Many people turn away from Silver because of its lackluster performance, but all it does is make me question WHY it's so important to keep the price suppressed? It's not about money/currency, it has to be about control. It has to be about preventing physical acquisition of the metal and sustaining global order. I mean, what does a real physical silver shortage look like in today's world? The entire system is dependant on this one precious metal to keep the cogs turning.
Due to our absolute dependence on the metal, the rapid rise in Silver's value would re-establish silver as precious metal with monetary significance. I sense the the current interventions are more desperate than any time in history since the removal of Silver from our coinage. I think silver will continue to be pushed down to a point that it establishes a price floor of which it will never return to. I reckon we're in for a series of "buy the dip" plays that will present opportunities we'll never see again in the silver space.
Do we test $26 again? We could easily see $28 but If this is a longer monthly correction, I think we could easily see $26...
I have strong faith in Silver's fundamentals and hold a long-term outlook, but the lagging of silver is really bothering me. I'm not desperate for it to go up for financial return - I've always been prepared to be patient for silver to reach it's true value. What bothers me is just how broken the system has become to allow silver to lag in this environment, and the level of intervention required to keep silver suppressed.
Many people turn away from Silver because of its lackluster performance, but all it does is make me question WHY it's so important to keep the price suppressed? It's not about money/currency, it has to be about control. It has to be about preventing physical acquisition of the metal and sustaining global order. I mean, what does a real physical silver shortage look like in today's world? The entire system is dependant on this one precious metal to keep the cogs turning.
Due to our absolute dependence on the metal, the rapid rise in Silver's value would re-establish silver as precious metal with monetary significance. I sense the the current interventions are more desperate than any time in history since the removal of Silver from our coinage. I think silver will continue to be pushed down to a point that it establishes a price floor of which it will never return to. I reckon we're in for a series of "buy the dip" plays that will present opportunities we'll never see again in the silver space.
I have strong faith in Silver's fundamentals and hold a long-term outlook, but the lagging of silver is really bothering me. I'm not desperate for it to go up for financial return - I've always been prepared to be patient for silver to reach it's true value. What bothers me is just how broken the system has become to allow silver to lag in this environment, and the level of intervention required to keep silver suppressed.
Many people turn away from Silver because of its lackluster performance, but all it does is make me question WHY it's so important to keep the price suppressed? It's not about money/currency, it has to be about control. It has to be about preventing physical acquisition of the metal and sustaining global order. I mean, what does a real physical silver shortage look like in today's world? The entire system is dependant on this one precious metal to keep the cogs turning.
Due to our absolute dependence on the metal, the rapid rise in Silver's value would re-establish silver as precious metal with monetary significance. I sense the the current interventions are more desperate than any time in history since the removal of Silver from our coinage. I think silver will continue to be pushed down to a point that it establishes a price floor of which it will never return to. I reckon we're in for a series of "buy the dip" plays that will present opportunities we'll never see again in the silver space.
I would've said the same thing at Dow $25,000.
If it corrects to the moving average, we could see $26 silver. I'm sceptical of a big move up from here at this stage. If we do so a deeper correction, August/September would be the target months for it to push higher. I dunno, it's hard reading the tea leaves sometimes but that's just what I'm seeing from the monthly chart. It would all ride on what this current candle does and it just looks likely to turn to the downside.
