Silver (XAG) is one Hell of a Buy! (Long Term) - 25 year support

Broom Updated   
FX:XAGUSD   Silver / U.S. Dollar
With only a $15B market Cap, Silver is a steal. It's testing the 300 period MA support line ( thats 25 years guys).

I think we'll see $150 XAG within 5 years. There is alot of room to run on the upside, and hardly any on the downside with how extremely tiny it's market cap is.

As you can see the general trend is up. Could be back to $20 before the years end.

I'm taking a small, long term hold position in physical silver . It's much easier to spend vs gold ($14.30 per oz.), and it is more volitile and more fun. High correlated with gold so it holds similar dollar hedging traits.

Comment: Bottom call is in
Comment: Ripppping


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.