flower-shilling

Silver Price Watch

Smithys Bullion - FINE GOLD AND SILVER
Anything over 48.30usd and it is game on. Keep in mind that the target does have a risk as the midterm cup competes with a following handle on the chart to fill a gap-up ... So beware.
 
Im not about to watch anything from abc but price the last few hrs is fluctuating in huge moves, i watch it up and down 30 cents every second its madness!
 
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Realistically, how high could this go, how quickly? That has to be the longest cup and handle ever, and it was caused by manipulation, that caused people to lose interest, what if people start, and they are starting to gain interest again.
 
Cleaned.Slice said:
View attachment 14955
Realistically, how high could this go, how quickly? That has to be the longest cup and handle ever, and it was caused by manipulation, that caused people to lose interest, what if people start, and they are starting to gain interest again.
Click to expand...
I think the real game is just getting started. With 7 years of Structural Deficits in Silver supply ( they will say 5 years, but the 1'st 2 years were covered by out flows from ETF's ) 😲

With no new increasing mining supply in any reasonable future forecasts, the deficits in supply WILL catch up with demand & whomever wants the Silver will have to bid up to secure what they want :unsure:

The ONLY time I will sell any of my Silver Stack is when the GSR is way below 50:1 & I will sell a % so as to purchase more GOLD !

When the GSR was at 105:1, I swapped 3oz of Gold for 300oz of Silver ( 300 x 1oz rounds ) So when the GSR is well Bellow 50:1 I will swap out up to 150oz of those rounds to get my 3oz of Gold back & maybe even a bit more. Plus the Value of the Silver I keep will have risen also :)

Revision to the mean is real & does work on a long enough timeline or a market event. So when the GSR mean reverts & it usually overshoots the mean, I will take advantage ;)

Just my plan :cool:
 
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