Everyone I see is long commodities. I believe the contrary will happen. An equities crash will cause selling in commodities to cover losses. Only after this will the threat of inflation become very real. I could very well be wrong but only time will tell. I believe a similar situation happened in the 08 financial crises which is why I have highlighted the similarities in this chart.
I have no positions currently and will look to take long calls (if this chart plays out). My load up zone is 15-18.
Hope everyone has a lovely day and remember to trade safe!
This is not financial advice.
S+S TTT
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Adding to say i believe a monthly close above 28 invalidates this theory (support from the big rip in 2010-2011.
A stock market correction is a precursor to the event
TWIT82
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I totally agree. I took some recent profits but cautiously adding some. But I think there will be one last chance to load on silver in next few months.
SGAaronG
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same thesis here
Throwthethrowaway11
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@ridethepig this is the bear case for silver I mentioned on your idea