Silver $49's, after $53, I see no reason for it to stop under $100...easy $100-$200 incoming on that break imo...the next question is how high? I am hearing some crazy projections...my long term target has always been $300+, but I'm seeing targets as high as $14k based on Fib charting...$14k would mean we're buying burger & fries for $7k lol
I laugh, but if we study Venezuela...in 2019, silver was $36 Bolivar for one ounce....fast forward 3 years later, $1 mill bolivar per ounce...yes you read that right....hyperinflation here...nah, never happen...uh stay tuned!
Silver $63+, oh my, I think shorts in huge trouble...I saw silver hit 62.92 last night, then it got slammed to $61's...technically, silver shouldn't be over top trend line...tech traders aren't understanding this silver market at all imo...they will get destroyed if what I believe is unfolding is happening..$70+ all hell breaks loose, so they must stomp it back under $60 quickly here...all jmho
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