Im not a prophet but Ive traded Gold & Silver for over 15 years
I am bidirectionally challenged most days but today I am not. I did buy massive amounts of puts a few weeks ago on SLV because the Comex is short, hedge funds are trying to offload all of their Gold and Silver, the Market is in a down turn, economic output is declining, Stimulus is drying up and rates are rising. Meanwhile "inflation" is really deflation out of control and it's going to take many more "stimmies" to save us.
So, I still believe crypto is on an upward trajectory, although the market may pull it back slightly & in a few years I think we might have a roaring stock market again, but we have to cool off and as you all know before any major run up, we have to cool off first, this is that time period for Silver. Silver has been pushed so hard by the media it is a no brainer to go all in and short thing thing down to $16 minimum, why wouldn't you? The media shills what the hedges don't want. Easy tendies, right bro?
Plus think about it, if JPow and the crew wanted this bad boy to go to the moon then they would strap it to the new rocket and shoot it to the stars but today they did just the opposite. This is purposeful and needs to be done from a technical standpoint. The market can't handle more stimmies and with bonds and rates going nuts, hell we may see the dollar shoot to 110. Wouldn't that be something.
All eyes on the Yuan though...
NOTE: Not investment advice. I just like Silver.
So, I still believe crypto is on an upward trajectory, although the market may pull it back slightly & in a few years I think we might have a roaring stock market again, but we have to cool off and as you all know before any major run up, we have to cool off first, this is that time period for Silver. Silver has been pushed so hard by the media it is a no brainer to go all in and short thing thing down to $16 minimum, why wouldn't you? The media shills what the hedges don't want. Easy tendies, right bro?
Plus think about it, if JPow and the crew wanted this bad boy to go to the moon then they would strap it to the new rocket and shoot it to the stars but today they did just the opposite. This is purposeful and needs to be done from a technical standpoint. The market can't handle more stimmies and with bonds and rates going nuts, hell we may see the dollar shoot to 110. Wouldn't that be something.
All eyes on the Yuan though...
NOTE: Not investment advice. I just like Silver.