Silver Could Run to $50 Before Big Correction
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- Опубліковано 26 тра 2024
- We cover Silver's performance following the breakouts and impulsive advances of the last 55 years. There are a total of 8 to 10 depending on how you measure. History shows that once Silver breaks out and starts moving, it rarely corrects to the 100-day moving average. It remains overbought and runs hot.
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Silver is up 5% in the asian markets as I’m watching this master class on silver breakouts from Jordan.
Thank you for the kind words Jeremy.
Good analysis. A big pullback is not likely after such a long consolidation. People expecting that are still in the past. When gold and silver move big it means things are about to change.
Interesting to see juxtaposition of historic patterns over the next few years. Jordan is a class act, honoring those who made the ultimate sacrifice for our country.
Agree on all. I personally see silver at $120 as the blowoff top in 2027 but $150 is possible as it tends to overshoot before the end of the bull run. I’ve also never seen a cup and handle that massive so the amount of energy unleashed once over $50 will be scary explosive.
Prices of $50 and above are good enough for me.
Patience is a virtue.
Jordan and TheDailyGold, this is a really nice comparison of the other breakouts.
Silver looks really promising now with sister Gold and especially the moves since Friday.
big brother Gold 🤣
Reassuring, glad I subscribed to your Newsletter.
Thanks for subbing!
I don't think there is going to be a correction this time around. It will just keep getting bought up.
Thanks for the nice video!
Our pleasure!
I'm buying physical silver and silver miners like MMC.ASX gold and silver junior stock, has a $150m processing plant!! 😊😊
I feel that you are correct.
Excellent explanation!!
thank you, great video!
You are welcome!
Only comment -"Thank you"
You Rock
Good video
Thank you.
Thanks for the great content.
New premium subscriber here. Would like your thoughts in Vizsla Copper and West Red Lake Gold.
Thank you for your feedback and your subscription. Please send me an email so I can answer privately.
@@TheDailyGold thank you Jordan
Jordan, you are risking a lawsuit by naming your channel "theDAILYgold" when you only put out a videos every 3-4 days. I sued a movie theater years ago for big buck after "The Never-Ending Story" was over in about 2 hours ... just saying
Just show me one time in history when fiat currency didn't die(it worked for the people and government didn't abuse the fiat system) of course I don't know of a single example in history. Silver has been money since 4000BC. Fear and greed motivate people with fear being the most influential on people. Wait for the fear to kick in when people realize what the government has done to them
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sunday night he was saying its now a vorrection... Moving averages DOESNt WORK
Silver could do anything, this doesn't help.