• 256 days Will The ECB Continue To Hike Rates?
  • 256 days Forbes: Aramco Remains Largest Company In The Middle East
  • 258 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 658 days Could Crypto Overtake Traditional Investment?
  • 663 days Americans Still Quitting Jobs At Record Pace
  • 665 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 668 days Is The Dollar Too Strong?
  • 668 days Big Tech Disappoints Investors on Earnings Calls
  • 669 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 671 days China Is Quietly Trying To Distance Itself From Russia
  • 671 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 675 days Crypto Investors Won Big In 2021
  • 675 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 676 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 678 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 679 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 682 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 683 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 683 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 685 days Are NFTs About To Take Over Gaming?
Tesla Struggles To Compete In European Market

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

  1. Home
  2. Markets
  3. Other

Silver and Gold Will Remain in Strong Uptrends

Silver and Gold have corrected after Gold hit a new all-time high a few weeks ago, and short-term traders took that as a profit taking opportunity. However, the uptrend will soon resume and new highs significantly above Gold's recent all time high and Silver's recent multi-decade high will be achieved in 2011.

Silver has started the sweet spot of what should be a near parabolic rise that lasts several years. Wave fives are the most explosive waves in precious metals, and Silver is inside the middle of wave 5 up, with a huge rally ahead when wave {5} up of 5 up arrives. Right now it is in wave {3} up of 5 up, so there is plenty of upside left in this rally.

Fundamentally, the growth in the supply of Silver will fall short of the growth in fiat currencies, which will put powerful upside pressure on the fiat price of Silver.

Gold will follow the same pattern, up bigtime, over the coming years.

The HUI is finishing a Symmetrical Triangle, and once complete, should rise sharply, along with precious metals.

 


We cover a host of indicators and patterns, and present charts for most major markets in our International and U.S. Market reports, available to subscribers at www.technicalindicatorindex.com

If you would like to follow us as we analyze precious metals, mining stocks, and major stock market indices around the globe, you can get a Free 30 day trial subscription by going to www.technicalindicatorindex.com and clicking on the Free Trial button at the upper right of the home page. We prepare daily and expanded weekend reports, and also offer mid-day market updates 3 to 4 times a week for our subscribers.

"Jesus said to them, "I am the bread of life; he who comes to Me
shall not hunger, and he who believes in Me shall never thirst.
For I have come down from heaven,
For this is the will of My Father, that everyone who beholds
the Son and believes in Him, may have eternal life;
and I Myself will raise him up on the last day."

John 6: 35, 38, 40

 

Back to homepage

Leave a comment

Leave a comment