Long term trend has plunged into bearish (silver outperforms) on the monthly NMACD. We will likely see consolidation patterns retesting fibs and moving average confluences, then legs down in short periods. This is a very hard pair to trade on short time frames, imo. It is a good indicator of where we are this phase of the gold bull market. We will likely see gold...
TOTAL ABOVE-GROUND INVESTABLE PHYSICAL GOLD: 6B ozs.
TOTAL ABOVE-GROUND INVESTABLE PHYSICAL SILVER: 3.5B ozs.
CHINESE CITIZENS ARE SELLING THEIR SILVER FOR LIQUIDITY, ONCE GLOBAL STAGFLATION EMERGES THIS PROCESS WILL REVERSE IN INCOMPREHENSIBLE WAYS!
AN INDUSTRIAL RECESSION WOULD PUT MUCH MORE PRESSURE ON SILVER PRODUCTION THAN SILVER DEMAND!