SILVER 0.30% $15.25 silver futures

$30 support, page-35

  1. 47,854 Posts.
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    hopefully silver will not see $30.00 again any time soon or even better still 'near'.

    i'm buying ccu and selling ayn and svl. i'm also still buying the three available leveraged silver etfs. if silver spikes to $100.00, in the medium term they will all be 6 baggers imo.

    imo the total amount of available gold in the world is increasing, whereas the total amount of silver available in the world is decressing, because it is been consumed in eletronics and the like.

    however as copper mining picks up, there should be an esculating increase in the supply of silver. i cannot see copper miners shorting silver at $32.00 oz, when they have seen how easily it can run to almost $50.00. if anything they will hold back on selling, as holding silver at this time is better than money in the bank.

    the place to be is silver, uranium and australian biotech (the us biotechs are very strong, whereas the australian biotechs are still oversold).
 
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