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Silverminers

Silver Miners: Blow-off 5th Wave Rally Imminent in SILJThe SIL and SILJ ETF's are both following a classic impulsive pattern that began with our low in the spring of 2020. After a powerful 3rd wave blow-off rally that peaked in the summer of 2020, a seemingly endless 4th wave correction has been grinding away all hope in the metals sector. However, we may have reason to be bullish as there are clear signs that the correction is over and that the 5th wave has commenced! Not only is there great confluence at the 0.382 ext targets overhead, but metals are famous for 5th wave extension blow-off tops which can drive up prices levels to the 0.618 ext and beyond! They are not easy to predict and take off parabolically, so it is prudent to leg-in carefully and methodically as a setup develops. We have similar setups developing in gold ( GDX / GDXJ ) and copper ( COPX ) as well! I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this video is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels. SIL & SILJ Component Stocks: SIL ETF - Global X Silver Miners ETF: WPM - Wheaton Precious POLY LN - Polymetal PAAS - Pan American Silver Corp SSRM - SSR Mining Inc HL - Hecla Mining Co FR CN - First Majestic S FRES LN - Fresnillo PLC 010130 KS - Korea Zinc Co Ltd BVN - Buenaventura-ADR PE&OLES* MM - Industrias Penol SILJ ETF - ETFMG Prime Junior Silver Miners ETF: AG - First Majestric Silver Corp PAAS CN - Pan American Silver Corp AUY - Yamana Gold Inc SSRM CN - SSR Mining Inc Com NPV MAG CN - MAG Silver Corp Com SIL CN - Silvercrest Metals Inc HL - Hecla Mng Co TRQ CN - Turquoise Hill Resources Ltd GATO - Gatos Silver Inc EXK - Endeavor Silver Corp #silver #gold #silversqueeze
AMEX:SILJLong
by Critique-al-Thinker
2
Strong underlying momentum in Precious MetalsMy 5-7 year outlook. Amazing fundamental and technical picture for precious metals and for the gold & silver mining companies. They are very undervalued relative to the underlying metals they mine and the fundamental picture gets better and better. They're growing cash flows and making very large margins of over 35% on average. Inflation is here and the Federal Reserve & Government are trapped with rates near zero as the economy is beginning to roll over. Large debts of over 130% Debt/GDP necessitates interest rates remaining capped (Fed funds below 2% for at least 6-10 years). Fiscal spending to grow the economy with yield curve control and currency devaluation to devalue the debt load with ignite a commodities and precious metals bull market and cycle that hasn't been seen since the 1970s.
NYSE:HUILong
by Alexander_C_Lambert
Alien metals in a very positive set upAlien metals (UFO) after an 8-month correction seems to be about to turn up again judging by: - A momentum turning up - A reverse head and shoulders pattern - A price above the 50-day and 200-day moving averages - A positive Ichimoku set up Knowing that last year's up leg ended up with a multiplication by 30 of its price, before correcting, UFO could this time once again become a very profitable investment for anyone long junior silver miners.
LSE:UFOLong
by UnknownUnicorn12046529
New Gold Inc /Gold Miners / Investment Idea Fundamental side of The Idea : Miners continue to outperform gold. This ratio is now confirming a prior breakout with authority and making higher lows since March. While all eyes remain on Gold and crypto , this industry is climbing a wall of worry. About the company New Gold's balance sheet is looking better thanks to a high gold price. However, all-in sustaining costs are very high and reached $1,550 per ounce in Q1'21, with an AISC of $1,586 per ounce for Rainy River. It is a red flashing signal. The issue here is the lack of diversity. The company is running two so-so gold mines and doesn't have any leverage if something bad happens. So far, the gold momentum is helping but it wont for soo long. The reasonable solution is to trade the stock and keep only a small long-term position , The company is clearly undervalued . let say untill The price Reach 7/9 $ range . Do Not hesitate to Contact me . S.Sadki
AMEX:NGDLong
by SaraSadki
Klondike Silver - Ready for the Next Move UpWe are getting a double retest of December's breakout point. Assuming OTC:KLSVF does not lose support, we are expecting much HIGHER prices in the weeks ahead. The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances. Please subscribe to our channel if you like what you are seeing!
OTC:KLSVFLong
by jstrasburger
$XAGUSD - WallStreetBets Push Silver - Here's The Mining Co'sA list of Mining Companies to watch to tomorrow if the price of silver continues to soar. We're close to making a recent high but far from making the all time high set back in 2011 at nearly $50 and right now we're near $30. It takes a lot to push up the price of silver but physically demanding it might do just that. So watch these Mining Companies during the Stock Echange Hours. I know I'm going to Jump on GPL and probably Furtuna, just because I've had luck with them before :) Good Luck and Good Trading
FX_IDC:XAGUSD
by BodiesXWix
2