In conclusion, silver's recent breakout above $32.50 appears to be the beginning of a major bull run, but there are several key factors to watch moving forward.
It's time to extinguish bureaucratic excess before it consumes us. Taxpayers deserve better than this circus of waste and self-interest disguised as public service.
Despite a sharp pullback this morning, gold and silver remain bullish, particularly following a significant 12-year breakout in silver over the past four trading days.
In COMEX silver futures, swap dealers hold short positions equivalent to 194.43 million ounces of silver, or roughly 23% of the annual global silver production—a staggering figure.
While some investors feel silver has underperformed compared to gold during this bull market, Mike points out that silver’s growth in percentage terms has mirrored gold’s rise.
Silver is now close to making a similar breakout about 32 weeks after the gold breakout. By the time silver catches up with gold, there is often already good momentum in the market.
