munKNEE.com Your Key to Making Money
…We…[believe giving a gift of] physical silver [will be] especially attractive this Christmas because…not only is it a statement of gifting value in a time of inflation, but you are giving a gift that…[will likely] jump in value…in 2022…You will be buying something cheap, and those gifted will be astounded about your foresight and their benefits…
This article by Lorimer Wilson, Managing Editor of munKNEE.com, is an edited ([ ]) and abridged (…) version of an article by Florian Grummes and Korbinian Koller of Midastouch-consulting.com
The monthly chart [below] shows a high likelihood for November’s candle closing as an inverted hammer. Consequently, it provides for silver prices approaching the low end of the last 17-month sideways range near US$22. The white line assumes a potential price projection for 2022.
The weekly silver chart [below] shows in a bit more detail [of the] possible price expansion from a time perspective. This would be our most conservative picture of the future. The green bordered box is an entry zone for a potential reversal to the upside. With a high likelihood of an interest rate change by the Federal Reserve Bank in the second quarter of 2022, the inner yellow curve supersedes in probability for the expected time frame for a price increase.
…The daily chart below…[shows] a swift downward move in the past…[and] there is a good likelihood that this might occur again… Reaction times are much longer with a physical purchase than with spot price trading [however, so don’t be] spooked if a swift, extended decline…[should] happen…[and, as such,] there is no need to [make a]…precision purchase of physical silver…[or take] a spot price position based on the risk…
…[A] gift of silver for a long-term horizon is highly likely to appreciate from momentary levels to a much higher price target. The value of a gift like physical silver doesn’t stop there… Beautiful coins and bars inspire us to hold on to value for future times and encourage saving.
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