Posted by goldnice on 29th of Jun 2020 at 12:36 am
Don't take your eyes off the big prize. The multi decade
{C&H} setting up in silver. This is ultra explosive stuff here.
Much cleaner than the gigantic {C&H} in gold that has been
making the rounds today on twitter.
Posted by jdaswani on 29th of Jun 2020 at 09:02 am
They used the wrong chart, it should not be a log chart but a
linear chart. Top/bottom if the cup is $39pts, which implies target
closer to $81. Still a big move, but a far cry from $500
yeah I mean $500 silver, sorry that ain't happening - if it were
to happen the world and economy would be so messed up you would
have other big problems on your mind like finding enough food or
guns vs worrying about your Silver. Silver at $500 oz would
be like apocalypse
yeah not sure about silver like that. Remember silver is
more of an industrial metal vs a precious metal, it's not rare and
price swings a lot with the economy because of supply and
demand. Silver has the highest electrical conductivity of any
metal, hence it's use. If economy or world were to go into a
recession or depression I can't imagine that not hurting silver's
price as there would be less demand. Gold is a purely a precious
metal with limited uses in industrial processes
I think a lot of people focus on silver because it's 10 times
cheaper than gold
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Don't take your eyes off
Posted by goldnice on 29th of Jun 2020 at 12:36 am
Don't take your eyes off the big prize. The multi decade {C&H} setting up in silver. This is ultra explosive stuff here. Much cleaner than the gigantic {C&H} in gold that has been making the rounds today on twitter.
They used the wrong chart,
Posted by jdaswani on 29th of Jun 2020 at 09:02 am
They used the wrong chart, it should not be a log chart but a linear chart. Top/bottom if the cup is $39pts, which implies target closer to $81. Still a big move, but a far cry from $500
yeah I mean $500 silver,
Posted by matt on 29th of Jun 2020 at 09:05 am
yeah I mean $500 silver, sorry that ain't happening - if it were to happen the world and economy would be so messed up you would have other big problems on your mind like finding enough food or guns vs worrying about your Silver. Silver at $500 oz would be like apocalypse
oh man i was wanting
Posted by RP on 29th of Jun 2020 at 09:35 am
oh man i was wanting to sell my 1000 oz bars!!
yeah not sure about silver
Posted by matt on 29th of Jun 2020 at 08:46 am
yeah not sure about silver like that. Remember silver is more of an industrial metal vs a precious metal, it's not rare and price swings a lot with the economy because of supply and demand. Silver has the highest electrical conductivity of any metal, hence it's use. If economy or world were to go into a recession or depression I can't imagine that not hurting silver's price as there would be less demand. Gold is a purely a precious metal with limited uses in industrial processes
I think a lot of people focus on silver because it's 10 times cheaper than gold