I don't like the deal but an analyst I follow closely doessay silver is about to take of like gang busters.
From
'Awesome Silver & USD Alarm Bell'
Stewart Thomson | Tuesday, April 5th
https://www.silverseek.com/article/awesome-silver-usd-alarm-bell-15439 "In the big picture, gold is on the cusp of what I’ve termed a bull era. As famous hedge fund manager Stan Druckenmiller recently noted, America’s population is aging much faster than it is being born. The debt-soaked US government is a giant ball & chain attached to a small and shrinking working class.
17. The situation is bad, and set to become horrific and fatal, regardless of which politician gets elected. Only gold revaluation can restore the US government’s balance sheet, and I’ve predicted that is probably coming during the next major economic downturn.
18. At the same time as the American empire dies of old age, the rise of the gargantuan populations of China and India are bringing unprecedented love trade thunder to global gold price discovery. The SGE gold price fix should be launched within about two weeks, and India’s central bank just cut rates, after issuing a statement that a good monsoon season is expected. That means large crops, and lots of money for farmers to buy gold!
19. Please click here now. I’ve argued adamantly that negative rates in Europe are as bullish for gold as rate hikes are in America. The Europe situation is different from America, and clearly the WGC (World Gold Council) agrees that investors need to take strong buy-side action.
20. The bottom line is that gold is the world’s ultimate asset, and there’s never been a more ultimate time to accumulate it in size than right now.
21. A lot of investors look at the gold versus silver ratio. Rather than looking at that ratio, I think silver enthusiasts should simply watch the US inflation rate.
22. When powerful US money managers begin talking about a “concerning rise” in the US inflation rate, they will buy silver quite aggressively. Please click here now. Double-click to enlarge this fabulous daily silver chart. Silver has a beautiful inverse head and shoulders bottom pattern in play, and the initial price target is $18.
23. I think it’s a terrible idea to attempt to “micro manage” what are likely generational lows in the price of gold, silver, and associated stocks. Market timers can get destroyed when major value players are buying heavily. What appears to be a top often becomes a simple pause in the upside fun. If ever there was a time for Western gold community investors to “chase price”, with manageable risk, that time is now!
24. In the case of silver stocks, they are poised to soar. Please click here now. Double-click to enlarge. That’s the monthly SIL chart. The technical action is probably best described as, “awesome”. The key 5,15 moving average series is verging on a major buy signal. SIL just rose above the dotted centre Keltner line, which is a momentum-style buy signal. Volume is rising, and there’s a massive bull wedge breakout in play. Against the background of the dollar’s inflationary alarm bell ringing, silver stocks are likely poised to launch what may be the biggest rally seen in any asset class of the past few years!"