Well, folks, it finally happened. That triad of drawn objects that represented resistance for silver (by way of SLV) has been shunted aside. This will do nothing but helpful the bullish cause of precious metals. This is big news.
(Click on image to enlarge)
Gold GLD, too, has been charging higher, to the highest level in nine years.
(Click on image to enlarge)
Let’s keep the big picture in mind: my view is that gold is going to be going up substantially. It is one of the few assets on the planet about which I can be an enthusiastic bull.
(Click on image to enlarge)
Comments
Log in or sign up to join the conversation.