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RE: Bitcoin, Gold, Silver, Oil prices 160526
Covering a lot of ground here.
Thesis, still intact, carry on.
!PIZZA
0.01701678 BEE
You are viewing a single comment's thread:
Covering a lot of ground here.
Thesis, still intact, carry on.
!PIZZA
Intense times call for intense focus! !PIZZA
Too much to do daily, but every week or so is good to note.
Right now we are in a unique time for both Silver/Gold but also Oil/Energy.
Rising Energy prices cause everything else to rise.
Silver has broken out of a 40 year cup and handle formation, plus I get to witness this Gold/Silver ratio thing I always heard about but never witnessed. As many scramble to sell Silver late, Banks are buying and Physical supplies are being bought up. I watch channels that discuss what they are seeing, and there doesn't seem to be much supply left at the lower levels, $60 USD might be the obvious floor now. More often I am hearing the $150 -> $200 - > $300 forecast, I think on a long enough timeline that will probably unfold. Hopefully we have time to buy a few more Maple Oz's before then.
And that's what THEY want, scare us into selling our physical silver!
I'm in no hurry to sell since I have a pretty good fix income setup with liquid assets to live off of well before I come close to selling any physical.
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