Keep a very close eye on SILVER this week..!! China Market re-opens after their week holiday..!!
SILVER
Keep a very close eye on SILVER this week..!!
The leveraged smack down last week on Silver Paper Derivative Contracts may have a serious problem for some when the Chinese Markets reopens after their week holiday..!!
Currently trading at <$20.00oz, SILVER is trading at a massive discount to it's "fair market valuation" of $135.80oz..!!
SILVER is set to make more millionaires then any other ASSET CLASS as a transfer of wealth is witnessed on a scale never seen this Century.
It will take most by surprise..!!
But not the followers on STEEMIT & Twitter..!!
2021 Price Target is firmly fixed at a conservative $700oz..!!
Thanks for reading and feel free to share.
Stephen
Yep.
Thanks for the TA . SILVER is looking great so far. At $17.81oz and very bullish. It just needs to punch through $21.25oz and it will rocket. Stephen
hi Stephen, notice you tweeted on FRES , interested on your view on it, I hold since April.
Technically FRES is very bullish like most GOLD stocks. Would certainly be recommending a buy/hold depending on your position. Stephen
You could be right. But will that happen because silver is worth that or because the dollar will collapse? $700 in 2021 might still purchase the same as $18 or $19 in 2016. I think people look at the change in price being worth more but its actually the dollar that collapses. IMHO
It will be a combination of both plus a third one you have not mentioned above. The dollar will loose value, Silver will be worth more, but the 3rd is the most important one and that is ALL SILVER DERIVATIVE CONTRACTS will be put on to the BLOCKCHAIN which will cause a huge spike up..!! Stephen
Interesting times!
Absolutely. At $17.84oz it is probably the most UNDERVALUED asset on the Planet..!! Stephen
I've heard it all. I'll believe it when I see it.