Replies to post #100 on ETFMG Prime Junior Silver Miners ETF (SILJ)

[Captainandy]

#SILJ: SILVER DOCTORS...:-)


https://www.silverdoctors.com/headlines/world-news/gold-silver-miners-may-have-started-a-new-longer-term-bullish-trend/


JUNIOR SILVER MINERS NEED TO BREAKOUT ABOVE $16.50~$17.00 FOR BIGGER RALLY










Silver and Silver miners share one key facet that makes them extremely opportunistic for traders. Typically, when these types of cycle phase trends take hold, Gold will rally substantially higher over time. Yet, Silver, which is often overlooked as a metals hedge instrument, begins to rally faster than Gold in a percentage term. For example, from the bottom in 2015 to the current highs, Gold rallied a little over 101% – whereas Silver rallied over 124%. This happened near the end of the previous Appreciation cycle phase. When and if our expectations become true, Gold will rally 50% to 75% (or more) from current levels and Silver may rally 85% to 175% or more.

MINERS MAY SEE AN INCREDIBLE BREAKOUT RALLY IF METALS BEGIN A BIG BULLISH CYCLE
The following Daily Coeur Mining Chart (CDE) highlights the similarities between how the price activity of SILJ and CDE. On the CDE chart, you can see a more defined Pennant/Flag formation that is nearing an Apex. You can also see the bullish breakout event starting to set up on the right side of this chart. If Silver breaks into a bullish trend, pulling SILJ higher as well, CDE will likely break above the $10.50 level and begin to move towards the previous high price level near $12.00 to $12.50 (or higher). This represents a solid 20% to 35% upside price advance for CDE – possibly much higher over time.

[Captainandy]

#SILJ: EARLY MORNING SMACK DOWN PRIOR TO FOMO POWELL SHOW...:-) 2 pm