Mid term. All mathematic fib & Elliott reading price action at major level would give me next move/target . Not easy to learn but best tool . Silver about to test key level $20.20-21.40 ( next $26 if we can regain that level )
I use the gold/silver ratio to determine how much gold vs silver I need to have in my stack. I sense a lot more gold buying and less silver buying in the future as the ratio plunges.
I am hearing you,my limit is reading the tide charts - - - - The Book of Psalms Chapter 122 verse 1 I was glad when they said to me let us go into the house of the Lord
70 is the next stop looks like -10 oz of silver in each stair case down will need some time to get some swap silver ready heading to 30+ just a 50oz bar away hiho silver
Good thinking 99, my thoughts exactly. I wouldn't want to be too heavily involved with such a valuable asset as Silver. Less above ground stocks than Gold & more industrial uses than Gold. LOL.
That would be quite something. I see the pattern setup. Strange thing is I just can’t imagine it happening and that usually is an indicator to me that it will.
lot a Fibonacci followers knows this level not a random numbers. I have no idea on timeline but it be clear action if upside triggers. At this moment I keep 74:1 target but anything can happen so I let the market decide
On current trend lines it should be 3 to 4 years to reach that level if it broke upwards this year or next.
When I invested in silver I never realised that I may need a few reincarnations before the time arrives when I will actually make a profit. Now how do I leave a future message to the next me?