Silver Going Bunta!

1for1

1for1

Well-Known Member
silver.gif


Some really nice price action going on in the 1st session, the long awaited breakout i wonder? Up 32c to $17 so still super low, hopefully enough to invoke to interest to hobbyists who have stopped buying the last few years.

My silver investments have been on ice the last few years, just holding them with little accumulation or sales. Wonder if we have built a big enough base to retest $50 this time. Patients is a virtue but FA always wins out over short term ebbs and market flows.
 
bretto said:
Good to see
Click to expand...

For sure... hopefully its just getting started.. silver has been in suspended animation for a couple of years.. JP Morgan has established the greatest long position since the hunt brothers.. its game on.

Patients will be rewarded here. Nickel up 42c a pound overnight.. this is a great thing for Silver as the prices are highly correlated.
 
I can easily imagine silver taking off and going to new highs.
The simplest reason for this would be the fact i have been waiting for $13 to buy back in and since selling out a while back have somewhere around <5% of the silver i used too.
 
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