Silver Has An Explosive Feeling (+2K Views)

Lorimer Wilson August 20, 2019 2 Comments 2,494 Views

Almost every one of the precious metals has some sort of explosive feeling and that is especially so with the price of silver. Let me explain why that is the case.

The whole precious metals complex is trading at major, major breakout levels:

Gold…is just 2% below its 6.5 year giant bear market wall.
Gold and silver stocks are right at massive breakout levels in their 8 year bear market channels.
Silver has one of the most explosive setups.

…We are at a major bottom in the silver market…and it should rise by a minimum 50% from here…Sentiment is horrible…and we like this a lot because the combination of silver trading at major breakout point with a horrible sentiment is the ideal playground for a major bull run.

The silver chart featured below does not need any comment, it is simply gorgeous!

Ignore at your own peril, and avoid the situation of chasing prices higher after a 40% rally as you will be in a bad spot.

Editor’s Note: The above excerpts* from the original article have been edited ([ ]) and abridged (…) for the sake of clarity and brevity. Also note that this complete paragraph must be included in any re-posting to avoid copyright infringement.

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(*The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.)

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