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 • 286 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
(20min delay)
|
|||||
Last
10.0¢ |
Change
0.003(3.09%) |
Mkt cap ! $23.34M |
Open | High | Low | Value | Volume |
9.8¢ | 10.5¢ | 9.5¢ | $64.91K | 664.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 193273 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 74730 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3000 | 0.105 |
5 | 234773 | 0.100 |
2 | 70171 | 0.099 |
1 | 27992 | 0.097 |
3 | 106995 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 74730 | 1 |
0.110 | 47575 | 3 |
0.115 | 60597 | 3 |
0.120 | 76185 | 1 |
0.125 | 70000 | 2 |
Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
Featured News
BML (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online