Post by
Asamatteroffact on Dec 16, 2020 6:29am
Silver charts may be......
Signalling a continuation of uptrend is underway & front running the gold price. Gold also looks like it's slowly clawing its way back but won't know more until it breaks this bull flag/channel at ~$1900 USD.
I think it breaks it early Q1 2021 at the latest but just IMO. USD is quite weak & believe this trend accelerates in 2021.
Multiple factors are lending itself to a potential historic run in gold prices next year. My bet is on bullion & miners.
NO CHOICE, THE FIAT DEBT BASED MONEY SYSTEM IS DOOMED!!!
Comment by
Asamatteroffact on Dec 16, 2020 7:43pm
Silver did confirm a break out today & perhaps a resumption of the uptrend-on its way to $30 soon, similarly AMK is also looking like it may be resuming this uptrend in short order. IF we break & hold $.30, that would be constructive.
Comment by
Stockmoves1 on Dec 16, 2020 11:06pm
and do you see any silver plays rype for the picking ???
Comment by
Yellowknifer69 on Dec 17, 2020 4:41am
Alexco - just finished re-commissioning and pouring first concentrates this month. Currently trading at about $3.50 should touch $7 bucks by spring. Financed inpart by Wheaton, etc... About as solid as it gets, IMHO. Yellowknifer
Comment by
Asamatteroffact on Dec 17, 2020 7:49am
If you're able to , futures contract would be my first choice. Second would be SLV ETF or the outright physcial if you like it ultra long term. I'm only in it for a ST trade & so I bought the CFD
Comment by
Wiz666000 on Dec 17, 2020 10:20am
Thanks for this Asamatteroffact. I will take a look and follow.
Comment by
cofro on Dec 17, 2020 1:08pm
the stocks I like, V. FYL is a silver stock & trading around 10 cents drilling is done & waiting for results. V. JUGR trading in the 20 cent range. JUGR has only 20 million shares out & july 20, 2018 was trading at $ 5.10. check it out, you might like them. I also hold TUD & TUO. DYOD GLTA.