Silver has been in a low-level shock yesterday, and the current bearish pullback has ended, so today the bearish trend continues to be bearish.
Silver @sell23.95 tp 23.5~23.1.
OANDA:XAUUSD
The MONTHLY chart shows the ratio between the spot gold price
and the US inflation rate.
While overall, the ratio is quite stable or consolidated for a period
of more than 15 years.
Hpwever. y three episodes are noted where the ratio rose parabolically
including 2009, 2015 and the Covid 2022 time period
.
For the present, the RSI Swing Indicator...
OANDA:XAGUSD steht wohlmöglich vor dem nächsten Bullrun...
Die 22Dollarmarkte sollte halten, die Korrektur könnte damit beendet sein.
Während alle anderen Assets wie Öl, Platin, Kupfer oder Nahrungsmittel in den letzten Monaten explodiert sind, hinkt Silber ebenso wie sein großer Bruder Gold weit hinterher....
Die Korrektur von FXOPEN:XAGUSD und ...
Ever since the Lehman Brothers collapse prompted central banks to cut interest rates and implement round after round of “quantitative easing” commentators have been forecasting that gold will hit $5,000 an ounce and silver $100 an ounce.
Pointing to the high inflation that was experienced in the US in the 1970’s that caused gold and silver to skyrocket back...
Key things to remeber, why SILVER could go much higher then we are expecting.
1. '''The amount of silver needed to produce conductive silver paste for the front and back of most PV cells may be almost halved, from an average of 130 mg per cell in 2016 to approximately 65 mg by 2028, according to the Role of Silver in the #GreenRevolution report. (***Published by...
At the Moment Endeavour #Silver is at resistance with 6,9 Mio. shares, that the market had to absorb.
But on the long run, Endeavour had to reach area 22 CAD,
thats more than 4 times from now.
Multiple 1-2 combinations will soon break out like a rocket. Buy anon & hodl physical!
In Venezuela you can buy food for 3-6 month with 1 oz of Silver and with 1 oz of gold you can buy a house.
Same situation in germany after world war.
At the moment there are over 43.000 applications where silver is used in chemistry, industry, healthcare and economy.
10 more...
