iShares Silver Trust (SLV)

[Extreme4Reality]

Death Cross Coming For Gold and Silver

The 50-day moving averages for both gold and silver are nosediving, ready to plunge below the 200-day averages. That's called a death-cross and always results in silver prices plunging hard (especially when both gold and silver have a death cross at the same time). This time, we'll almost certainly plunge well BELOW $26 and that could KILL the silver bull and start the plunge to $14 and even lower.