Silver in a giant cup-and-handle
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This idea was first published at a time with an extremely bearish sentiment for Note
Former Soros Associate Just Warned The Pros Have It Wrong, Gold & Silver Will Skyrocket Like The 1970skingworldnews.com/alert-former-soros-associate-just-warned-the-pros-have-it-wrong/
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invst.ly/4p5r6Trade active
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Why is the silver/oil ratio important to monitor? Everybody knows silver and gold are precious metals and thus connected, but how many know oil and silver are just as connected? Silver is an important industrial metal especially when it comes to electrical/electronics applications. Electricity is energy. Oil is energy. See the connection now? When oil/energy gets more expensiv so does silver as the demand for silver gets bigger. Think solarpanels, batteries, high voltage transformers (weighs tons), computers, electrical cars (the list goes on and on) Related publications
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Related publications
Disclaimer
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.