Loading ...$Silver (SLV) – Monthly
Meanwhile, back at the ranch – Silver is just getting started. Trading looks so easy on a monthly chart…in hindsight! But Silver bull markets (especially) are famous for jealously guarding the ride to the top, shaking off the weak, the slow, the timid, and the greedy.
If you can hang on…stomach the extreme volatility, maintain a core position – shaving some profits on overbought readings in the daily chart, buying back on “waterfall” corrections…a fortune can be made just getting back to $50…
Exactly!
T.usa is just a leading indicator here ala novo in it’s realm
true, but is ultimately an essential element in the supply/demand value of gold & silver, which determine the value of mining stocks like novo, that is – until it becomes worthless.
Novo has a Lot of very unconventional “prooving up” work ahead and It will be tough in the heat of their summer. Guarantee it’s not worthless.
To date their main use has been a demonstration of their sector against gold hopium.