Precious metals are too under-valuated especially silver and platinum. Be wise, this asset has been traded long before people traded anything else. If capitalism fails, which it eventually will due to the unsustainable exploitation of the working man. www.youtube.com In addition the following view on global markets
We are currently in the purple tradingchannel. However, we could easily promote to the Orange trading channel. And if everything goes well. We have the blue big trading channel for the long term.
Please say if you think i'm crazy
Broke out of long term resistance trendline
I am biased for the green and the red one seems less plausible
Soon we will break out of the falling wedge.
What you can do to the downside you can do to the upside
We saw the harmonic pattern before and there was a clear buy to the 61.8% fib lvl. So if history repeats itself I would buy here
idea will be confirmed when price falls under the purple mini-trend-line
Just some lines on a graph... Some question that keep spinning around in my head is: "did the US economy really grew 150% in the last 10 years?" Prices are what they are apparently, but if we look at this index and compare them to the growth of the other indices (NDX/(an index)) it appears that the NASDAQ had one of the greatest growth. "Is this sustainable"...