SilverGuru

The beginning of the journey

Long
FOREXCOM:XAGUSD   Silver / U.S. Dollar
Hi, the story start today at the bottom of silver price.
This will be a long and epic journey to a new monetary system.

We are going to invest everything against fiat money and fiat cryptocurrency.
The 'anything pretends to be money' will always found their ultimate enemy in gold / silver .
Silver has the best risk / reward ratio when everything return to fair value.

For those who bought over 30$ in 2013, i want to say something.
It's not because you've been wrong, you're analysis was so correct. They know that too.
This is why they annihilated / destroyed / raped you so much.

I'll continue to buy when the price will be higher than 100$.
The debt is impossible to repay. And it's worldwide.
The USD is on the same road than the Venezuelan bolivar.

The manipulation was so great that it produced a 50 years 'cup and handle' pattern.
The price is so low that we have a big silver deficit each years and we are close to the mining cost.
If the price drop, some mines with higher cost will close and the supply will drop.

Comment: There is a buy setup on lower time frame if you want an entry in this trade.
Comment: Another buy setup confirmed on 1h if you need a good entry
Comment: The breakout on the last buy setup didn't happened. Im hedging my position, the stop loss will be the breakout of that buy setup.
Comment: My last update set a silver drop to at least 16.73 from 17.07.
We are now at the bottom of the correction like i espected.
Really nice buying setup for next week.
Comment: Nice buy setup again from this point today.