carrytrade
Long

Silver to 2017

FX:XAGUSD   Silver/U.S. Dollar
191 3 0
An extended forecast from the one I made the other day.

This is realistic. The inflation adjusted high for silver             is $140 ( CPI             ) and real inflation is $450.

I just wonder when the 200:1 naked shorts will finally cover as mines start to shut down.

Price inflation on a production of silver             since 2009 has caused mines to not produce profits at such levels.

The $9 bottom in 2009 is equivalent to an $18 bottom in 2014 purchasing power, if you compare
SP500             pre stimulus true fair value (sub 1000) to current value (1800).
RyNinDaCleM
2 years ago
Let me ask... What is the significance of the 2010 open/close prices? Why not 2009? why not 1899? This is something new to me, so I'm just wondering
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carrytrade
2 years ago
5-year candlesticks. See this chart here.

Silver 3month and 5-year candlesticks


Hope I helped you learn something :) Take care
Reply
carrytrade
2 years ago
Here's my entry :)

More long attempts - $19.17


Let those winners ride.
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