SILVER TO $750 IN THE NEXT DECADE ?This has to be the biggest Cup & Handle Formation in Human History. Holy Smokes.
Ok, let's dive into the Fundamentals:
1) Industrial Demand: Silver is essential in various high-growth industries such as electronics, solar energy, and medical devices. As technological advancements continue, the demand for silver is expected to increase significantly.
2) Investment Demand: Economic uncertainty, inflation, or financial crises often lead investors to seek precious metals like silver as a safe haven.
3) Supply Constraints: Silver mining production may face challenges due to factors like depleted mines, increased extraction costs, or regulatory changes. Supply shortages can occur if production cannot keep up with demand, which will ultimately lead to a short squeeze.
4) Monetary Policy and Inflation: Central banks' monetary policies, such as maintaining low interest rates or implementing quantitative easing, can weaken currencies.
5) Green Energy Initiatives: The push for renewable energy sources, particularly solar power, relies heavily on silver for photovoltaic cells. As global efforts to combat climate change intensify, the demand for silver in green technologies is likely to rise, boosting its price.
(aka Agenda 2030 - The Great Reset)
What scares me about this chart is that it suggests terrible events are imminent.
The impact of these events cannot yet be measured, but they will be catastrophic for humanity.
Stay Safe and keep stacking as fast as possible, NFA!
CYANE
Silvershortsqueeze
Silver Squeeze Meme AGAIN? Do not get tricked!AMEX:SLV It's that time again! #silversqueeze is trending on social media. This meme resurfaces every 2-3 years CONSISTENTLY when whomever thinks the time is right to take retail traders' money. With Gold AMEX:GLD making new highs they are trying it once again.
Watch my video from 2021 and do the research on Google News yourself! Wait for the price action confirmation that I talk about in this video! Do not get tricked!
COMEX:SI1! COMEX:GC1!
Potential routes for Silver price in the upcoming PM bull runFirst route is based on 2008 bull market in silver.
Second route is based on the bull market in late 70s.
I think a bullish phase similar to late 1970s makes the most sense. You can check out my analysis on Gold to see why.
Potential routes for Silver price in upcoming PM bull run (2)
I am not going to go in detail in this analysis.
First route is based on 2008 bull market in silver.
Second route is based on the bull market in late 70s.
I think a bullish phase similar to late 1970s makes the most sense. You can check out my analysis on Gold to see why.
MAY 1ST SILVER SHORT SQUEEZEThis is the most textbook swing trade I have ever seen in my life. 4 strong rejections from the 5.80-6.00 zone. Sentiment from the silver short squeeze can easily take this stock back to 7+ very quickly. This is not financial advice, I am not advocating the buying or selling of FSM stock.
Silver Support LevelSilver is now testing another important support level, seems to be holding.
It is also far from the MAs a short term up move is expected, the long term is unknown, but given the current economic situation there is a chance for higher moves later in the year.
A lot of paper shorts in the market, will they give in?
Time to buy silver? I see major support at current levels (high volume node, 0.618 and the weekly since the covid dip).
Hummingbird Resources set to bounce from channel's bottomHummingbird Resources LSE:HUM is a gold miner, which stocks are traded on the London Stock Exchange.
It benefits from a very low valuation with a PER of less than 4 at the time of publishing.
After a lengthy consolidation inside a descending channel the stock price now hits the lower channel's boundary in a super oversold condition.
It is time for a bounce in direction of the upper channel boundary, before expecting a channel's break to the upside.
Silver Miner’s retail investor-Fueled SurgeSilver-exposed stock $ASM climbed early on Monday, after a surge in retail trading pushed the price of the precious metal to an eight-year high.
Silver has rallied in recent days as some users on social media have seemingly turned their attention to the metal.
“What we don’t know is exactly how this is happening,” said Markets.com analyst Neil Wilson. “Clearing out of shorts by worried hedge funds, retail-driven bid, ETFs flows driving the physical market, smart-money front-running the trade, or a combination of all these,” he added.
The surge came after the dual-listed miner, which has a silver operation in Mexico, disclosed last week plans to sell up to $25 million of newly issued shares into the U.S. market.
Exactly what kinds of investors are behind the current run-up in metal prices and silver-exposed stocks is uncertain, but clearly opportunities have arisen.
A number of posts on the WallStreetBets forum advocated buying silver, while #silversqueeze has also been trending on Twitter. However, many posts also argued against the trade.
“The issuer community will flood the market with capital raises, particularly the U.S.-listed ones who can access the superior liquidity with ‘at the market’ equity issuances,”
www.barrons.com
finance.yahoo.com
Reddit Traders Are Taking Aim at Silver stock $LODE$LODE Would also be one of my top picks if we are entering a Silver Bubble over the next month.
You can clearly see that it's a reverse split and has the lowest float for a silver miner that I could find.
This came after a surge in retail trading pushed the price of silver to an eight-year high. As the war between Reddit board traders and hedge funds continues, it seems to me that a “silver squeeze” could be imminent. Popular subreddit r/WallStreetBets (WSB) could be hinting to bank on silver stocks, which sent prices of the semi-precious metal sharply higher late last week. In detail, one Reddit poster mentioned that the silver bullion market could also be one of the most manipulated on Earth. The user also encouraged many other retail investors to trigger a short squeeze in silver paper shorts.
Now to be fair, we know that there is a strong demand for the uses of silver. From solar panels to electric cars and electronics, silver has an enormous appeal as a precious metal and industrial asset. Could silver stocks be the next target for Reddit day traders and their crowdsourcing power? If so, we could be seeing another rally that GameStop (NYSE: GME) has enjoyed so far this year.
Whether or not WSB’s obsession with silver is short-lived remains to be seen, but there’s no question that $LODE stock and other top silver stocks are heating up right now. With all that being said, do you have a list of top silver stocks to buy amid silver’s rapid rise?
www.nasdaq.com
For those of you wondering how silversqueeze is going...A few quite prominent analysts have bashed the idea that the campaign is behind silver's ascent, saying it was due a breakout. It is true, Silver was due a breakout as was Gold. Platinum has arguably broken out and fallen away. As the chart shows, I think Silver would have been slapped down like the other two (as has happened several times in the last few months). Targets range from between $39 and $50 dollars for this next leg up and that was before the campaign. This could go even higher with the added push. Expect noise and volatility
