Silver is arguably more impressive than gold right now. It has the potential for incredible gains in the year ahead. We believe that all of wave ii of 3 is complete at the 21.81 low and we are starting wave iii.
Both gold and silver are setting up into some interesting triangle technical formations. While silver is forming a weekly symmetrical triangle, gold on the daily chart is behaving more like a descending triangle.
While there have always been sound money advocates who talked about silver, what’s rather intriguing to notice is how now even the big name banks are talking about silver.
To find out why, click to watch this week’s physical silver and gold market update with Andy Schectman of precious metals dealer Miles Franklin, where he explains what’s happening, and how his customers are responding!