PhillW on the same page as Michael Oliver.
I posted the below chart on the BML forum about 3 weeks ago. What it shows is that historically, silver has only traded above US$30 twice in its history. On both occasions it resulted in blow off tops between 3 to 5 months later. This time I think it will be different in regard to the price collapse that has occurred on the past two occasions. I think that $30 will be the new floor and not sub $5 and $15 which has occurred in the past.
So, going on historical evidence, should silver break above $30 you would expect a move to $50 within 5 months. Silver breaking above $30 may ignite the precious metals stocks bull market.
- Forums
- ASX - By Stock
- BML
- Michael Oliver calling for US$50 Silver by November buckle up !
Michael Oliver calling for US$50 Silver by November buckle up !, page-99
-
- There are more pages in this discussion • 310 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BML (ASX) to my watchlist
|
|||||
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.50M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.5¢ | $6.367K | 60.63K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 191589 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 406841 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 191589 | 0.105 |
7 | 245659 | 0.100 |
1 | 5104 | 0.096 |
3 | 226076 | 0.095 |
1 | 10500 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 406841 | 5 |
0.115 | 325000 | 2 |
0.120 | 190023 | 4 |
0.125 | 70000 | 2 |
0.130 | 274225 | 3 |
Last trade - 09.59am 11/07/2024 (20 minute delay) ? |
Featured News
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
HCH
Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant
BML (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online