...silver is full of frustration, and plenty of stale bulls chanting 'this time its for real'.
...but just when it is about to break, equities suffer a correction and down it goes (usually steeper than everything else).
...so silver stocks is a great feeling on the way up, but we tend to forget the big losses when it turns down.
...so yes, no silver miners for me, FOMO won't entice me.
...that said, I hope this time is for real too.
Silver is having hard times breaking out from a 4-year formation. Silver attempted to breakout in May 2024 first time and since then it made multiple attempts over 4-month period. Last week silver broke out once again. Let's see if it is legitimate one. Miners were not particularly eager to support silver's rally given a number of failed attempts previously. Silver needs to take out May high at $32,50 and keep going all the way to $35 mark to leave no doubts...
