I made a bunch of money on the last run up, and then lost a bunch bag-holding it for many months.
Now that the Gold & Silver markets are alive again, an interesting rhyming of history is occurring.
Assuming we are in a Gold & Silver bull market, is this current 1-2 setup complete? Does it really matter if we are in a bull market? The current 2 certainly is a deep enough retrace of 1 to qualify. They just completed a financing so that's out of the way. But, in theory, we could see a further dip and remain bullish.
I think a breakout of $1 is very bullish. I would like to at least have a starter position here. But truthfully, there are so many silver miner plays and I'm already in a bunch, I'm kind of indifferent.
Now that the Gold & Silver markets are alive again, an interesting rhyming of history is occurring.
Assuming we are in a Gold & Silver bull market, is this current 1-2 setup complete? Does it really matter if we are in a bull market? The current 2 certainly is a deep enough retrace of 1 to qualify. They just completed a financing so that's out of the way. But, in theory, we could see a further dip and remain bullish.
I think a breakout of $1 is very bullish. I would like to at least have a starter position here. But truthfully, there are so many silver miner plays and I'm already in a bunch, I'm kind of indifferent.