015. PIGGISH PLAY - Long Silver Forever
Silver is going to fly and let me tell you why.
Price has been forced down for decades by the collusive tactics of global central banks, COMEX and the institutions able to write futures contracts.
You see, silver is not as transparently symbolic as gold, but it is equally as troublesome for central banks - insofar as it is a very real threat to their fiat monetary system.
For decades, financial institutions would wait until the market was ultra-thin (~1:00 AM ET) and blast it down by writing preposterous quantities of futures contracts .
Some days you'd be sure that the closing action of silver would result in a gap up the following day, only to wake up to an inexplicably shot down 6% open. Confused and annoyed, you'd steer clear of the commodity altogether going forward.
That has been the story for quite some time, but guess what? Now funds of all sorts have started to slowly ease their way into silver (and gold). Just the other day, the Ohio Police Pension allocated 5% of its portfolio to precious metals. While this seems small, it is 1) still billions of dollars and 2) just the very beginning.
The short-term setup depicted above is basically begging people to notice it. That's not a bull flag - it's a bull football. The tangential angles of the football-wedge are such that the only possibility of long-term price movement is up. Supported by record levels of accumulation of the underlying physical seen at the bottom of the chart, the probability of silver doubling in price before year-end is about the same as Patrick Mahomes throwing a touchdown pass on any given Sunday.
While the long-term prospects of Silver price appreciation are nearly absolute, the implications of such appreciation are quite serious from a global financial systemic perspective. The reason is that there is simply not enough silver in circulation to cover a fraction of the paper contracts written over the past decades, should investors start asking for delivery of the physical.
When enough institutional funds like the Ohio Police Pension start accumulating even half of their portfolios into gold & silver, the world will be rudely awakened.
Hence, buy Silver now and watch it fly to the sky.
-Plata Pig
SILVER
GOLD
Price has been forced down for decades by the collusive tactics of global central banks, COMEX and the institutions able to write futures contracts.
You see, silver is not as transparently symbolic as gold, but it is equally as troublesome for central banks - insofar as it is a very real threat to their fiat monetary system.
For decades, financial institutions would wait until the market was ultra-thin (~1:00 AM ET) and blast it down by writing preposterous quantities of futures contracts .
Some days you'd be sure that the closing action of silver would result in a gap up the following day, only to wake up to an inexplicably shot down 6% open. Confused and annoyed, you'd steer clear of the commodity altogether going forward.
That has been the story for quite some time, but guess what? Now funds of all sorts have started to slowly ease their way into silver (and gold). Just the other day, the Ohio Police Pension allocated 5% of its portfolio to precious metals. While this seems small, it is 1) still billions of dollars and 2) just the very beginning.
The short-term setup depicted above is basically begging people to notice it. That's not a bull flag - it's a bull football. The tangential angles of the football-wedge are such that the only possibility of long-term price movement is up. Supported by record levels of accumulation of the underlying physical seen at the bottom of the chart, the probability of silver doubling in price before year-end is about the same as Patrick Mahomes throwing a touchdown pass on any given Sunday.
While the long-term prospects of Silver price appreciation are nearly absolute, the implications of such appreciation are quite serious from a global financial systemic perspective. The reason is that there is simply not enough silver in circulation to cover a fraction of the paper contracts written over the past decades, should investors start asking for delivery of the physical.
When enough institutional funds like the Ohio Police Pension start accumulating even half of their portfolios into gold & silver, the world will be rudely awakened.
Hence, buy Silver now and watch it fly to the sky.
-Plata Pig
SILVER
GOLD
Trade active:
Could really move higher into the weekend from here. Bull-football has been broken to the upside, so expecting real strength here into the weekend.
Trade active:
Could explode very shortly.
Trade active:
Very difficult to know if Friday is the true starting point.
Would definitely hold equity positions/physical forever, but if you have calls expiring in a month or less, then I would wait to see what happens to silver when stocks have a deep red day before blindly holding long.
While I hope Friday started the paradigm shift towards metal decoupling from stocks, I cannot be sure until I see the price action during a market-wide selloff.
Very promising stuff, though.
Would definitely hold equity positions/physical forever, but if you have calls expiring in a month or less, then I would wait to see what happens to silver when stocks have a deep red day before blindly holding long.
While I hope Friday started the paradigm shift towards metal decoupling from stocks, I cannot be sure until I see the price action during a market-wide selloff.
Very promising stuff, though.
Trade active:
Im loading the boat with metals on Friday because Gold has near-certainly bottomed out as per what I just saw on the futures chart.
And if that's true, then Silver has absolutely bottomed.
And that means silver is about to RIP. Long.
And if that's true, then Silver has absolutely bottomed.
And that means silver is about to RIP. Long.
Trade active:
I foresee an attempt at 50/oz. coming our way.
