Gold finally attempting to form a reversal after a 11-day decline. Senior gold miners GDX also confirms appetite for gold gaining yesterday 1.6% despite negative gold price. Next run up to $5k could be very quick...
Said it back in 2002 at blue breakout, plus back in early 2024 at blue breakout:
=> For heaven's sake, do not miss this historical bull market. #gold#silver
SILVER IS A SLEEPING GIANT - In the next leg of this precious metals bull run, after the ongoing correction, it should (at a minimum) outperform gold by 150%
I’m telling you, it’s still early. You haven’t missed a thing.
The official start of the bull era is just around the corner.
Gold, silver, uranium, oil, copper, and friends are set to outperform once this breaks out.
Spot silver is cents away from a 5-year rising resistance. A breakout followed by a false breakout (October 2024), most likely is going to be a legitimate one.
I expect a parabolic rally similar to 2020 one when silver gained 60% within 4 weeks.
A 50% from present price level would take silver to all-time high!
GOLD - I'm telling you for the 3rd time. Are you listening?
A 45-Year Resistance Line is now acting as SUPPORT
A new gold bull ERA is opening up in front of our eyes in real time.
I believe, silver is setting up to rally first to $37 and then minimum to $44 mark by summer 2025. Silver has a history of making wild moves within a very short period. This said, silver could test $44 well before summer...
#silver This chart is what contrarian investing is all about.
Backtest is soon finished.
Lifetime opportunity, if made use of.
The tide is turning. #gotsilver#gotgold