timwest

SLV chart updated: Target reached $32-$30

AMEX:SLV   iShares Silver Trust
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Read the previous chart from Sep 15 which is on this chart. I added the green boxes to update the chart, but everything else is the same. Also note the chart of Gold ( GLD ) where the pattern also appeared. There were many fundamental reasons for this break in price. If the world can escape a deflationary collapse, then silver and gold will find a level of support again. For now, the world is voting on a deflationary recession.
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