Loading ...SLW Breakout
Hourly shows a rising bullish wedge breakout. Was all this just the half way point for the move??? Wow that would be huge. Also the monthly just broke up to recent new highs. All signs point to the bear being done in PMs. Will the market let us in or do we have to chase??
As Spock said: ” bull markets don’t let you in and bear markets don’t let you out”
looks like a completed cup and handle with the base of the handle at $11.75 in early Feb–now at 15.75
Gold bottomed the first week in Dec at 1045 and you can take that to the bank because Socrates said so
IF we end up at $20 silver SLW could be back near $25 by the end of this year. Wow that would be a nice move. The Juniors….well that would be even more. Finally looking forward to some good times! Let’s see how it plays out
James Turk (I think he was the one) has a 40 year cup and handle for silver with a price objective of $400/ounce—he’s thinking BIG
Turk is a permabull….
yes but the permabulls are right….buy gold…buy silver….Socrates says gold will go to $5000 so won’t people be better off with 100 ounces of gold they bought because a permabull convinced them to buy them than no gold?…if you listened to the perma bulls you might have bought 4,000 ounces of silver….and in the end you will be glad you did…ok maybe you missed the 2009 beginning of the cyclical bull in the stock market but in the end those 100 ounces might be worth $500,000 for an investment of maybe $800/coin or $80,000 and what if those silver rounds are worth $1.6million ($400 X 4,000 ounces).
Calling someone a permabull isn’t going to be a dirty word by the time this is all finished.