Hi, the story start today at the bottom of silver price. This will be a long and epic journey to a new monetary system.
We are going to invest everything against fiat money and fiat cryptocurrency. The 'anything pretends to be money' will always found their ultimate enemy in gold / silver. Silver has the best risk / reward ratio when everything return to fair value.
For those who bought over 30$ in 2013, i want to say something. It's not because you've been wrong, you're analysis was so correct. They know that too. This is why they annihilated / destroyed / raped you so much.
I'll continue to buy when the price will be higher than 100$. The debt is impossible to repay. And it's worldwide. The USD is on the same road than the Venezuelan bolivar.
The manipulation was so great that it produced a 50 years 'cup and handle' pattern. The price is so low that we have a big silver deficit each years and we are close to the mining cost. If the price drop, some mines with higher cost will close and the supply will drop.
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There is a buy setup on lower time frame if you want an entry in this trade.
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Another buy setup confirmed on 1h if you need a good entry
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The breakout on the last buy setup didn't happened. Im hedging my position, the stop loss will be the breakout of that buy setup.
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My last update set a silver drop to at least 16.73 from 17.07. We are now at the bottom of the correction like i espected. Really nice buying setup for next week.