To The Moon

Gold is breaking new all time high... silver price is definitely gunning for $50, above its all time high price of $49.51. At least that is its short to middle term target. The next resistance for AGQ is $63, which is reachable in this rally. After that would be into the $70s, as can be seen in the weekly chart below.

With Donald Trump destabilising the US Fed and effectively diminishing the trust in USD as a world trade currency, more central banks would move into alternatives such as gold and to a smaller extent, silver. With growing importance of silver, recognised as recently as last week by the US government to add it to critical minerals bucket, silver squeeze is happening... right, I am sure not many people know about this. There are a lot of banks artificially suppressed the price of silver. There's only so much you could pressed until it is no longer viable, then all hell breaks loose when positions are rewind... Explosion of silver price is only a matter of time. Just like the big correction in US Indices, it is not a matter of "if" but "when". With multiple forces at work, a sprinkle of silver does no harm [Tongue]  [Silence]  [Chuckle]  [Evil]  

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