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Rleonars

3,120 Posts.

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18/05/24

12:02

Post #: 73892101
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Originally posted by slange: ↑

Yeah looking at the previous high on April 17th then its almost a certainty that it gets exceeded next week. I say almost because the Banksters have the weekend to "restructure" but even so I can't see them preventing it from occurring.
There is also a daily target at 2,433.11 to take out which is very close to the all time high.

Daily on silver as it becomes heavily overcooked so if we get a spike higher next week then a rest may ensue but there's no telling how high this thing is going once the frenzy gets a hold of it and thats what we might be looking at now.

Looking at the GDX and it is breaking higher before the gold price in that gold shares are beginning to lead the metal. We haven't seen this for quite a while and this could be the first indication of the beginnings of a speculative frenzy. We shall see.

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I think it’s time some on here admit Schiff has been right…

https://youtu.be/vRP58NX0osw?si=KS7qFzc80HXTZF9C

for interest, SD bullion weekly analysis, worth the watch.

https://youtu.be/v7Ig_gdC73k?si=_cYlzcmN0w5wGJR2

Silver to outperform gold in my opinion.
7 Upvote

0 Great analysis

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