Huge signal looming...Silver

Post by **ivanlabrie** » Mon Mar 05, 2018 1:39 am

Hi gents, I almost never write here, but I've been a member for ages and benefitted from the forum many a time in my first years trading FX.
I just wanted to leave a trade signal here, hopefully you can leave your remarks on it, and maybe even agree with it.

I think Silver bottomed, and we might see a huge 50+% rally in it, if it goes well. Long term goldbug holders have switched to bitcoin, back in Dec 11-12th, and now we have the first time in a decade that large speculators are net short silver futures...Chart is extremely bullish, technically as well, so I'd reccomend allocating some 10-25% net worth into precious metals. Silver has the biggest upside, but gold is also poised for big gains.

Best of luck,

Ivan Labrie.

Post by **nanningbob** » Mon Apr 23, 2018 4:16 pm

I agree that silver and gold maybe a good buy soon as a longer term buy and hold strategy. The USA is depreciating the dollar between 15-20% a year which will make these metals take off soon.

Post by **ivanlabrie** » Mon Apr 23, 2018 6:14 pm

silvergold.png

Thanks for stopping by Bob. Yes, buy and hold, some kind of instrument that gives us exposure with no kind of stop loss would work. I try to diversify my investments properly, it has paid off so far.
All the best,

Ivan.

kriptopoulin · Post by **kriptopoulin** » Wed Mar 09, 2022 6:46 am

Thanks for sharing your experiance

psshenton · Post by **psshenton** » Wed Nov 02, 2022 1:48 pm

I think silver is a very underrated asset at the moment