aidanb

Silver: LONG - accumulate PHYSICAL metal - follow Geo-Politics

Long
OANDA:XAGUSD   Silver / U.S. Dollar
Comex Leverage paper to physical are INSANE.

When futures pop, Silver is 10-20x from here.

ACCUMULATE PHYSICAL METALS. DO NOT HOLD PROMISSORY NOTES lol

Short-term (6-12 months): We will test $18 horizontal resistance.

If we break it, and I am convinced we will, I expect consolidation at $18, resistance becomes support, and we continue to $23-26 breaking through the Ichimoku Cloud :)

Market has been consolidating for 2 years... Hasn't recovered since futures market started in 2011

JP Morgan has over 100 million oz of silver bullions... governments all around the world (Swiss Pension Fund divested stock positions and invested 600M euro into Gold) accumulating physical metals.

We are living in a debt bubble, I will not prove that to you, but there's plenty of evidence if you search around.

Accumulate PHYSICAL ASSETS: Metals (Silver, Gold, some platinum), Bitcoin (and other fundamentally sound cryptocurrencies), Real Estate (caution: US housing market already a bit hot..seek position undervalued to relative growth since 2008)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.