AssetDesign

SLV - One More Leg Down to Complete Correction

Long
BATS:SLV   iShares Silver Trust

Looks like one more leg down could complete the correction from the last ATH. Potential Wave 3 projection indicates mid-40s. Be ready to pounce on any middle of the night crashes. These have turned out to be exceptional buying opportunities, every time.

I had been using the iron condor strategy for quite a while now but something's got to give, especially with the miners, that can provide greater gains once silver comes into favor. Expect a silver mania to develop, just like bitcoin, AI, etc. Too much money always chasing better gains. Just hasn't hit the precious metals sector yet, but it will.

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