Friday, April 13, 2018

The Stunning Silver Setup...

By Clive Maund We now have the most bullish setup for silver that we have ever seen. After trading sideways / down for over 20 months now, investors have completely lost interest in it, which is of course the perfect breeding ground for a huge rally that seems to come out of nowhere. As we will proceed to see both COTs and the silver to gold ratio are at record extremes that point to a major bullmarket in silver starting imminently. We will begin by looking at the latest price charts for silver. The 6-month chart looks dead boring, which is of course why those who are habitually wrong are making the dangerous mistake of shorting it. If you can stay awake for long enough looking at it, you will observe a dreary neutral trend and somewhat bearishly aligned moving averages – it certainly isn’t this chart that stirs our interest in silver. If you know what you are looking at the 8-year chart presents a much more encouraging picture. While this chart super...

from GoldBroker.com https://www.goldbroker.com/news/stunning-silver-setup-1296

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