Our CUPS – Runneth Over
2022 is going to be amazing for Gold and Silver investors. Both charts show long term cup and handle patterns. Gold is in a 9-10 year cup with the last year correction being the handle. Silver has a 30 year cup and a ten year handle, which broke out of the handle’s down trendline on the monster rally after the March 2020 low. This last year’s correction has bottomed. Silver tested(as expected) the 50 day at 23.40 and is ready to attack it’s first target, at the 200 day, around 25.50. Once there it will probably correct and drift until Thanksgiving. December should see a monster rally up towards the top of the cup, ie the double top ATH’s at $50. I can’t wait to see how far, how fast and how long the silver trajectory goes during 2022 and beyond. BUY NOW!