The Coming Rise of Silver and Gold... $GLD $SLVsteemCreated with Sketch.

in #steemsilvergold6 years ago (edited)


Gold and Silver. Both of them have been a a long downtrend since late 2011. You can see the silver chart below.

Looking at Silver first you can see that this has gone from 48 to 15 and actually TOPPED before gold. Silver always seems to lead the direction of the metals because it is seen to be a riskier asset and Gold will follow. Well I believe that silver is going to BOTTOM before gold does. The stars are beginning to align up. 

Let me give you a few reasons for why I believe that you have a MASSIVE coming metals and crypto rally. 

  1. The dollar is bouncing here and then going to roll over into the low 80's, that is when it starts when the dollar is done bouncing
  2. Everyone was all bullied up on gold Q1 and that is why gold has not done ANYTHING in the past. things do not move when everyone is on one side of the boat (usually)
  3. Rates are going to rise, gold goes up in an inflation spiking rising rate environment
  4. The technicalities of the charts has MASSIVE upside. 

Here is the chart of gold below, I am looking for this to break up and get massively long this back to test prior highs:

I expect 1300 to Hold and never look back. However, specifically what I am looking for is in silver.

Lets zoom into the silver chart. Notice on a weekly time frame how many times this has been REJECTED from the 200 Weekly MA. THIS IS IMPORTANT! And as soon as this give way, you go long.


BONUS: Even though I believe JP Morgan was initially wrong back in 2012 when they were beginning to hoard silver....the time is come and they are about to be massively right! I hate to admit it ;) lol

https://www.jmbullion.com/investing-guide/pricing-payments/who-owns-most-silver-bullion-today/ 

https://news.goldcore.com/ie/gold-blog/silver-futures-bullion/



UPVOTE, FOLLOW, RESTEEM! Excited to be on the right side of this one. 

Sort:  

Your Post Has Been Featured on @Resteemable!
Feature any Steemit post using resteemit.com!
How It Works:
1. Take Any Steemit URL
2. Erase https://
3. Type re
Get Featured Instantly & Featured Posts are voted every 2.4hrs
Join the Curation Team Here | Vote Resteemable for Witness

excellent...with you 100 percent..

Introducing @bdbot voting service.Send 0.01 sbd/steem for 50-55 vote value is 3x sbd .Url As Memo Service active @bdbot
U5dqxweFWaXRKEkhApbRgAdANUbGdYq_1680x8400.jpg

Introducing @bdbot voting service.Send 0.01 sbd/steem for 50-55 vote value is 3x sbd .Url As Memo Service active @bdbot
U5dqxweFWaXRKEkhApbRgAdANUbGdYq_1680x8400.jpg

Coin Marketplace

STEEM 0.18
TRX 0.13
JST 0.028
BTC 57367.79
ETH 3098.11
USDT 1.00
SBD 2.32