In the tradition of the old forum when the last big run up occurred all the Aussies were watching the charts constantly and wanted to be the first to post a new silver thread when the metal passed each AUD dollar milestone. So here I am keeping the spirit alive. There she blows again!
Very exciting times, and this could just be the start... It’s almost worth making this thread a sticky and updating the title each time a milestone is reached, but keeping the spirit alive might be more fun!
I understand it’s better to have a pull back but what are you most afraid of when you say it’s scary?
I am not surprised. When Gold hit its peak in 2011 at US$1900 , silver was US$50. Today gold is US$2060 and silver is only US$28 Watch the GSR close up as the run continues (only a hunch).
The parabolic movement is too fast and blows away the resistance levels. It needs to rest. Fatfingers are at work here. Always remember that.