InvestorsHub Logo

ahimsak

07/24/20 4:33 PM

#35563 RE: GLENO34 #35562

Thank you,puts in context some of what I had noticed about certain ratios.

A short term blow off top for precious metals does make sense,like back in the end of august last year, when silver then went down from 19.8 to 16.6,about a 15% drop. I expect about the same here, from 23.5 down to 20

Wishthiswasmyjob

07/26/20 4:44 PM

#35567 RE: GLENO34 #35562

Silver... it'll be interesting, but
one thing is certain, he says,
"prices accomplished that surge in a big rush."

That's an understatement, check the volume of the past week,
and the volume back in Sept 2016 was paltry in comparison.

We've got to go back to 2011 to find volume comparison, and with the
current uncertainties about debt and the USD... whoa...

Thurs and Friday also saw consolidation.
It will be interesting.

2011 silver