Gold/Silver ratio highest level in at least 50 years
Mainstreet never talks about silver "How to survive a depression, buy gold!", all the baddies on tv youtube etc are encouraging the baddies that watch theml to buy gold.
So it goes way up, and silver doesn't do much.
Silver is approaching a multi year support might bounce
Gold is there:
Silver buyers trying to outsmart the herd are probably wasting their time.
I'll likely buy the silver support, maybe even leave some in long term if it rallies, but not going to have high confidence it starts a bull market.
Just follow the herd of dum dums, only difference is getting out when they get complacent bagholders.
They have been pretty correlated for a while thought. RR is bigger on silver. Soooo... maybe a good idea to try and outsmart the herd this time?
All I know for certain is I want to buy the support if there is a pattern and then I'll try holding since there's a catalyst for going up.
So it goes way up, and silver doesn't do much.
Silver is approaching a multi year support might bounce
Gold is there:
Silver buyers trying to outsmart the herd are probably wasting their time.
I'll likely buy the silver support, maybe even leave some in long term if it rallies, but not going to have high confidence it starts a bull market.
Just follow the herd of dum dums, only difference is getting out when they get complacent bagholders.
They have been pretty correlated for a while thought. RR is bigger on silver. Soooo... maybe a good idea to try and outsmart the herd this time?
All I know for certain is I want to buy the support if there is a pattern and then I'll try holding since there's a catalyst for going up.
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