Silver Shines, Says Citi, Tipping A 60% Price Rise

Silver Shines, Says Citi, Tipping A 60% Price Rise

But the bank does not stop at a 605% silver rally. It also argues that there is a technical case for silver doubling $50/oz, and potentially rising four-fold to $100/oz.
December 18, 2020 0 Comments
The U.S. Dollar Is Set for More Downside

The U.S. Dollar Is Set for More Downside

What are the charts telling us? After posting a “double top” in the 103 area, the U.S. Dollar Index broke 17-year trendline support when it closed below 92 on Nov. 27. My work projects further weakness toward the 85 area.
December 7, 2020 0 Comments
Here’s Who Wins the November Election

Here’s Who Wins the November Election

Could there be a negative outcome for gold? Sure… the price rises in anticipation of turmoil and the turmoil is less than expected. Or maybe if Biden wins but Democrats don’t sweep the house. Or maybe if Trump wins decisively and further fiscal stimulus is contested or below market expectations.
October 28, 2020 0 Comments
Is Silver the Next Tesla?

Is Silver the Next Tesla?

It’s a fair question. Not only can silver be highly volatile, but potentially life-changing catalysts are staring us in the face. So let’s have a little fun and see if silver could have a comparable parabolic run…
September 15, 2020 0 Comments

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