Gold started its rally since 2000. Whereas inflation and interest rates remain low since 2000. Reason for the "Borrowed Time"? Because easy money policy was needed to create: 1) An increase in money supply 2) By lowering its interest rates Purpose for easy money policy? 3 major events after 2000: 1) Middle East War 2) Subprime crisis 3) Covid-19 rescue...
my idea for silver long trade in the shorter term over the longer term .
RIghto.. really not sure here, guys. GOod chance it'll swing another notch up and run out the bearflag or teh head and shoulders... the IH&S is possible but teh biull pennant in GOld : Silver has me worried Let's see.
it's a great place to go long here! Gold & Silver should resume uptrend and this is a great stock to ride that wave for some added leverage
As Trumps victory is now being digested, markets appear to be warming to him , however still early days and Obama is still president. My projection is very bearish on silver as we see investors rushing towards stocks and bonds in the next few weeks , believing the Economy will be ok. Or is it?? Shorts in play for time being.