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RE: Two Charts That Indicate GFC2 May Be Close & Why I've Just Loaded Up On More Silver Having Seen Them...
500 : 1 ! that is a heavy silver bias, but if we are expecting corrections in the ratio and the price then it makes sense. I'll wait for the inevitable knock down around the £13.80 mark then jump back in, if the knock down dosnt happen and silver takes off i will still be happy.
I do feel for those just waking up to silvers potential and trying to decide wether to dive in, even at £13 its still a bargain if you dont have any.
Great post i'll check out MMs video later
Thanks for the comprehensive reply @geordiesilver. I find I'm happy just dollar cost averaging in without too much concern over fluxuations. Agree he's really into silver but the wealth cycle concept requires dancing around with biases