TVC:SILVER   CFDs on Silver (US$ / OZ)
Silver technicals and structure has an intact bullish makeup

The long-term analysis shows that silver has cleared all major resistance and should follow gold to a new all-time high within the next 6-12 months, possibly much faster.

The macro fundamentals are supremely bullish:
  • Negative interest rates and the beginning of a global currency war/easing cycle/competition to devalue.
    Massive fiscal stimulus is on the horizon in the next 3-5 months, and not just in the US. Rest of the world is starting to catchup.
    The long-term global trend towards electric, clean, and renewable energy and the sheer amount of investment required to change our energy infrastructure will require that silver goes parabolic, along with many other commodities .

    There's not a lot of silver in the world. New production takes time, cannot happen overnight.

    A Biden win / blue wave will mean marginally more open global trade, which is bullish commodities . It will also mean something like a green new deal, infrastructure spending, and stimulus that could cause the US economy to overdose.
FX_IDC:XAGUSD TVC:SILVER
PMs, macro, junior mining, private placements: https://igoldadvisor.com/ref/3/
Use code SAVE150 on the annual subscription.

My views expressed here are separate from and do not reflect the views of iGoldAdvisor. iGoldAdvisor is a mentor and a friend.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out