Silver Shines, US Dollar Wavers

nice advice for pennytraders.
in 2011 reached 50. not 250. dreamer. after 5 years it was around 13. super gain. Silver is for long term investors not for laptopscalptraders. bring my cheers to Joe and Jane

There's always someone who thinks like that, yet the markets keep proving that there's no such thing as "expensive" or "cheap", how many traders thought that Gold was "too expensive" back in 2010?

i m dumping it
good luck to to Joe and Jane

Oh yeah... the long awaited rally in Silver. 35$ is finally broken. Paper manipulation is collapsing. 13 years it took Silver to break 35$. Silver is the last symptom of the system crashing down, because Silver is bought by ordinary Joe and Jane. If Joe and Jane realize that hyper-inflation is coming, then it is coming very, very soon. Last QE by the central banks designed to completely destroy the purchasing power of the currencies.

Good luck folks, hopefully you have some physical Gold or Silver.

yeah, now silver trending, bcs gold too expensive.

Exactly. Joe and Jane are buying Silver, because the Gold is too expensive and the upside on the Silver is so much greater. Gold/Silver Ratio is still insanely high. The proper price of the Silver today should be around 250$ or more. The thing with the Silver is that it is a very small market. The price can move ridiculously fast. If this is a begginning of the Silver rally and it looks like it is, then the moves are about to get extremely volatile and this is where accounts are lost in seconds if you're on the wrong end of the trade. I have traded Silver in the past, then pulled the money out and bought physical before it goes out of stock. I was only buying, adding small positions and then building them slowly. Even small lot size on the Silver could net you thousands and thousands of USD if you catch a decent rally. Trading FX pairs is a child's play as opposed to trading Silver. Careful if you do it. Good luck!

It reached 50$ in 1980 and in 2011. Through-out the history (only recently not the case), GSR was around 15/1. Therefore, Silver today should be around 250$ more or less. It's the most undervalued asset on the planet. Not only that, Gold and Silver are money, the rest is credit. Silver will get to that 10/1 or 15/1 ratio with the Gold eventually. Silver always lags behind Gold, but when it starts catching up, it won't be long until Silver catches three digit prices. There's a lot of research behind this...

Silver is for the people who understand that Silver is money just like Gold. This is what most people do not understand really. USD, EUR, CHF, JPY... are credit. Central banks are buying Gold (real money) with the credit. This should be of course completely illegal, but we are living in the most corrupted system the world has ever seen. Central banks are robbing everyone blind. Another reason why everyone should have physical Gold or Silver is to reject (to be able to reject) the fully digital system that central banks are preparing for us. Digital slavery. You already know that so... this is why we buy real money (recognized across the world).

Price wise, the Gold is far from expensive. Gold has only just begun. When we're talking about the average people and their ability to buy Gold, then it is expensive. Gold will continue going higher, because the USD will continue to get destroyed by the Fed, which is the whole plan to establish CBDC (new digital currency).

Consider bronze - bright future is ahead.