The 30-year cup and handle. We will be grinding into the $50 zone by 2017 and form the handle.
The breakout of the cup ($3.50 to $49.80 - a 14.2285 fold gain) puts us at $708. Which fundamentally is where silver should be. Its roughly a 50 billion dollar market (physical market at 221/OZ). It's just a joke. This will be the greatest trade of all time.
(I am long 5x leverage from 19.05 with S/L 18.10, risk is about 25% of portfolio Yes, the greatest trade of all time. At least my greatest) I'm up 377% on the annum (mostly currency trading).
This is the user "carrytrade", this is my final account. I will only post VERY long term trades with low risks and high returns.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.